Shares in Singapore Airlines are down by 4.5%, while Qantas and Japan Airlines are down by 5.4% and 5.6% respectively.

Shares in Singapore Airlines are down by 4.5%, while Qantas and Japan Airlines are down by 5.4% and 5.6% respectively.

Asian markets started the day lower across the board, with major markets in the region in negative territory.

Oil prices jumped as much as 13% to their highest since January 2025, raising the prospect of higher fuel costs for airlines.

The majority of flights to key Middle Eastern hubs have been cancelled for Monday as the conflict continues.

Airlines and some hotel stocks fell after the U.S.-Israeli attacks on Iran and subsequent retaliation strikes.

Oil prices continue to rise Iran's Revolutionary Guard says it has closed the Strait of Hormuz,

Asian stocks rack up steep losses after Wall Street shrugs off risks of widening conflict.

SINGAPORE: A selloff in stocks deepened and the dollar strengthened on Tuesday as investors considered the implications of US and Israeli strikes on Iran on energy prices and the…