UAL is trading at $94.52 (+5.08%) as oil prices dropped 7% following President Trump's announcement of a five-day postponement of strikes on Iranian energy infrastructure.
- The de-escalation eased fears of energy-driven inflation, fueling a broad market rally that saw the S&P 500 rise 1.64% and the Nasdaq gain 2.01%.
- Crude oil prices retreated to ~$103 per barrel, reversing the spike to $112 per barrel triggered by Friday's geopolitical tensions.
- The airline's gains align with a sector-wide recovery from last week's sell-off, despite a lack of company-specific catalysts today.