EasyJet Faces Stock Decline Due to Middle East Conflict and Rising Fuel Costs
EasyJet's stock fell by up to 8.7% after the company warned that the U.S.-Iran conflict and rising fuel costs are negatively impacting customer bookings. The airline reported an additional £25 million in fuel costs linked to the conflict and expects continued volatility in fuel prices. It also projected a headline loss before tax of £540 million to £560 million for the first half of 2026.
Topics: airline industry financial loss fuel costs stock price movement U.S.-Iran war