U.S. Jet Fuel Costs Soar as Iran War Hits Airlines Again

U.S. Jet Fuel Costs Soar as Iran War Hits Airlines Again

U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle East shattered the three-week-long U.S.-Iran ‘deal to make a deal’ and sent Brent crude oil prices soaring past $100 per barrel again. The U.S. jet fuel market has been tightening since March, although there haven’t been concerns about any shortages in America, unlike in Europe, which in April was supposed to run out of stockpiles within s…

American Airlines Stock Plunges as Fuel Costs Surge. How to Play AAL Now

American Airlines Group (AAL) shares tumbled after the carrier warned that surging jet fuel prices are eroding profitability, overshadowing an otherwise stronger-than-expected second-quarter earnings report. While the airline delivered record quarterly revenue and topped Wall Street’s earnings…

American Airlines Stock Plunges as Fuel Costs Surge. How to Play AAL Now.

Soaring fuel costs overshadowed record Q2 revenue for AAL, plunging the stock's price. What should be your move now?