Travel stocks rise after US-Iran deal to end war

Expedia

15/06/2026 11:08

** U.S. travel-related stocks rise in premarket trading after Washington and Tehran agreed to halt the war and reopen the Strait of Hormuz, easing concerns over oil-related costs
** Cruise operators Norwegian Cruise Line NCLH.N and Royal Caribbean RCL.N up about 4%, while Carnival Corp CCL.N up 3%
** The conflict has disrupted global flight routes and shut key Middle Eastern hubs, while also pushing oil prices up, casting gloom on the sector
** Among other travel-related shares, Airbnb ABNB.O, Expedia EXPE.O and Tripadvisor TRIP.O up 1% each, while Booking Holdings BKNG.O up 2%
** U.S. airline stocks also rose in premarket trade following the truce

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))