Airlines Stocks Slide as Oil Surges | 37,000 Flights Cancelled Since Iran War Began
Edited By WION Video Desk
Published: Mar 09, 2026, 14:15 IST | Updated: Mar 09, 2026, 14:15 IST
Airline stocks around the world have tumbled sharply as the ongoing U.S.-Israeli war with Iran pushes oil prices higher and disrupts global air travel. Shares of major carriers have fallen significantly amid rising jet fuel costs and restricted airspace over the Middle East.
Industry data shows that more than 37,000 flights to and from the Middle East have been cancelled since the conflict began on February 28 - a figure that reflects widespread travel disruptions, airspace closures, and safety concerns for commercial flights. Surging fuel prices - up about 20% in recent trading - are adding pressure to airlines already grappling with cost increases and route disruptions
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