Tensions in the Middle East push up oil prices, United Airlines stock price drops

LootboxPhobia · 2026-03-06T00:32:57+00:00

Due to the escalation of conflicts between the United States and Israel with Iran, oil prices rose by over 3%, causing the stock prices of several airlines, including United Airlines, to fall, with United Airlines dropping 5.8%. The increase in fuel costs is putting pressure on airline profits.

LootboxPhobia

2026-03-06 00:32:57

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Investing.com - On Thursday, United Airlines shares declined as tensions between the U.S. and Israel with Iran escalated, pushing oil prices up by over 3%.

United Airlines (NASDAQ: UAL) fell 5.8% in early trading. Delta Air Lines (NYSE: DAL) dropped 5.1%, while American Airlines (NASDAQ: AAL) declined 4.6%.

Southwest Airlines (NYSE: LUV) decreased by 4.3%. Alaska Air Group (NYSE: ALK) experienced the largest drop among major airlines, falling 7%.

On Thursday, as the U.S.-Israel and Iran conflict intensified, oil prices continued to rise. Rising fuel costs typically put pressure on airline profit margins, as jet fuel is one of the industry’s largest operating expenses.

In Thursday’s early trading, American Airlines stocks all declined.

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