Travel companies fall after Trump says Iran peace deal over

Southwest Airlines

08/07/2026 10:52

** Shares of U.S.-listed travel companies fall premarket after President Trump says peace deal U.S. and Iran "over", renewing fears of disruptions to Middle East oil supplies
** Oil prices went up to an over two-week high amid a flare-up of hostilities 
** Iran said it had targeted U.S. military sites in Bahrain and Kuwait after U.S. forces struck Iranian targets in response to attacks on tankers in the Strait of Hormuz
** The strait is passage for nearly fifth of global oil supplies
** Shares of airlines JetBlue JBLU.O, American Airlines AAL.O Delta Air Lines DAL.N, United Airlines UAL.O and Southwest Airlines LUV.N down 3% to 4% before the bell
** Shares of hotel operators Marriott International MAR.O, Hilton Worldwide HLT.N, Hyatt H.N down between 1% and 2%
** Shares of online travel agency Navan NAVN.O down 3.5%, while Booking BKNG.O and Expedia EXPE.O fell nearly 1%
     
     

(Reporting by Aishwarya Jain in Bengaluru)
((Aishwarya.Jain@thomsonreuters.com;))