UAL is trading at $91.00 (-4.29%) in pre-market as surging oil prices and geopolitical tensions weigh on the airline sector.
- Crude oil prices jumped to near $105/barrel following renewed U.S.-Iran tensions, reversing previous relief from de-escalation signals.
- The decline follows a 3.27% gain in the previous session to $95.08, with broader markets also under pressure as S&P 500 futures fell 1.11%.
- No company-specific news was reported; sector peers are also trading lower due to the impact of higher fuel costs on margins.