Global airline stocks fall amid Middle East travel turmoil
Airline shares fell Monday as strikes on Iran closed hubs in Dubai and Doha. Rising oil prices and flight cancellations have left many passengers stranded.
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Global aviation markets faced a sharp downturn on Monday as escalating conflict between the United States and Israel against Iran triggered a sell-off in airline stocks and a spike in energy costs. Weekend strikes disrupted travel across the Middle East, forcing the closure of major international hubs and sending oil prices surging.
