UAL is trading at $98.69 (+5.36%) as oil prices drop sharply following the reopening of the Strait of Hormuz and U.S.-Iran de-escalation.
- Lower jet fuel costs are significantly boosting margins for United Airlines and other fuel-sensitive carriers.
- The stock is climbing alongside industry peers amid broader market relief, with the S&P 500 rising 1.16%.
- Easing Middle East tensions have improved the near-term profit outlook for the global aviation sector.