BUZZ-US carriers fall as oil rises on Strait of Hormuz worries
Reuters2026/08/10 14:07** Shares of U.S. carriers fall as oil prices jumped almost 2% on Monday after Iran insisted U.S. satisfy several demands before reopening Strait of Hormuz
** Brent crude futures LCOc1 were up $1.40, or 1.7%, at $84.95 a barrel by 1218 GMT. U.S. West Texas Intermediate crude futures CLc1 were up $1.33, or 1.7%, at $79.51.
** Shares of JetBlue JBLU.O down 5.5%, Delta Air Lines DAL.N falls 1.7%
** Shares of American Airlines AAL.O, United Airlines UAL.O, Southwest Airlines LUV.N, Alaska Air ALK.N and Frontier ULCC.O down 2%-4%
** Including session moves, S&P Composite 1500 passenger airlines index .SPCOMAIR up 17% YTD
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar Index Falls 0.27% on September 7
U.S. Dollar Index Falls 0.27% on September 7
Citi Survey sees Banxico frozen as Peso holds below 18.00
Australian Dollar rides thin-trading lift as Fed test looms