Should You Dump Airline Stocks With the Iran War Still Simmering?
A recently emerging industry trend serves as a counter to this geopolitical headwind.
Overview
The Iran war has been going on for six months, with seemingly no end in sight. In the best-case scenario, the situation turns into a stalemate. Worst case, tensions and conflict escalate. Either way, it's not looking good for the Strait of Hormuz fully opening to shipping traffic.
With this, crude oil prices appear primed to remain elevated, which means jet fuel prices will remain high. Is this a sign to get out of airline stocks? Not necessarily. In large part, an industry trend has indirectly helped to lessen the impact of this major headwind.
Image source: Getty Images.
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Source
Originally published at www.fool.com.
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