🔴 DAL is trading 5.5% down today as oil prices surge past $100 on geopolitical tensions

DAL is trading at $55.74 (-5.5%) as crude oil prices surged past $100 per barrel following U.S.-Iran conflict escalations, directly impacting airline fuel costs.

• Oil prices spiked to $100-$118 per barrel this week, driven by Middle East production cuts from Kuwait and a 70% output collapse in Iraq.
• Analysts warn that sustained oil prices above $100 per barrel severely challenge airline profitability as fuel represents a primary operating expense.
• The broader market selloff compounds sector weakness, with the S&P 500 down 1.36% and the Dow down 1.50%, even as energy stocks outperform.