UAL is trading at $97.61 (+4.21%) as oil prices drop sharply following the reopening of the Strait of Hormuz and U.S.-Iran de-escalation.

  • Lower jet fuel costs are expected to significantly boost airline margins, with the stock climbing alongside peers like American Airlines (+5.6%).
  • The move extends yesterday's 4% gain to $93.67, driven by a combination of falling energy costs and broader market strength (S&P 500 +0.81%).