
Weaker Aviation Player to be Significantly Impacted by Global Oil Shock
The current oil shock, triggered by the escalation of the US-Israel-Iran conflict starting February 28, 2026, has delivered a severe blow to global aviation. Oil prices spiked above $100 per barrel (peaking near $120 before easing to around $95), driven by disruptions in the Strait of Hormuz (which handles ~20%



















