UAL is trading at $87.20 (-4.14%) as surging oil prices and geopolitical uncertainty pressure the aviation sector.
- Brent crude has climbed above $113/barrel and WTI over $114/barrel following President Trump's 8:00 p.m. ET deadline for Iran to reopen the Strait of Hormuz.
- The stock is declining in line with a broader market retreat, as the S&P 500 falls 0.69% and the NASDAQ drops 1.14% amid renewed inflation and Fed rate hike fears.