Oil Prices Jolt Airline, Aerospace Stocks

By Dean Seal


Shares of airlines and aerospace companies are under pressure after fresh blows between the U.S. and Iran pushed oil prices higher on Monday.

Brent crude futures are more than 6% higher following reports that deal talks between the warring countries have stalled. Mediators said issues including nuclear commitments remain unresolved, according to a report from The Wall Street Journal.

Shares of Delta Air Lines, United Airlines, Southwest Airlines and American Airlines slid between 1.5% and 3.5% lower in early trading. Shares of smaller carriers, including JetBlue Airways and Allegiant, fell even further.

Major aerospace and defense contractors, including Boeing, General Dynamics, RTX and Lockheed Martin fell between 1% and 3%.


Write to Dean Seal at dean.seal@wsj.com


(END) Dow Jones Newswires

June 01, 2026 12:04 ET (16:04 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center