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A U.S. attack or a move to seize control of Iran's main oil export hub could cripple the country's ability to profit from its natural resources. But it would also risk sending energy prices even higher.
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Flight Prices Are Up Amid Soaring Fuel Costs, but Travel Demand Remains High The New York TimesAirlines raise revenue guidance despite rising fuel costs, citing growth in demand CNBCAirline Bookings Surge as Travelers Rush to Lock In Fares Bloomberg.comDelta Air Lines Just Broke Above Its 200-Day Moving Average. Should You Buy DAL Stock Here? Yahoo Finance
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S&P 500 closes higher as oil price gains temper rebound from Iran conflict turmoil CNBCOil prices resume their rise, but stocks hold steadier this time around Los Angeles TimesWall Street climbs as traders focus on Fed ReutersStock Market Today: Dow Advances, Oil Gains Amid Mideast Attacks — Live Updates WSJ
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Global oil prices settled at their highest level in three-and-half years on Tuesday, as some nations refused a U.S. call for help to secure the Strait of Hormuz.
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