American’s, Delta’s stocks fall as Iran conflict sparks worries about fuel costs, travel demand

Shares of American Airlines and Delta Air Lines declined amid escalating tensions in the Middle East, specifically due to the Iran conflict. Investors are concerned about the potential for rising crude oil prices, which would directly impact airline fuel costs, a major operating expense. Additionally, geopolitical instability often deters international travel, threatening demand. Monitoring oil price movements and any further escalation in the region will be crucial for airline investors.