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Middle East tensions caused global flight cancellations, stock drops, and rising oil prices on March 2, 2026.
Global travel and aviation stocks tumbled on March 2, 2026, as escalating Middle East tensions between the U.S., Israel, and Iran triggered airspace closures, flight cancellations, and reroutings.
Major carriers including Lufthansa, Air France-KLM, IAG, and TUI saw shares drop 5% to 9%, while Indian airlines like IndiGo and SpiceJet fell 7% to 9%, and travel platforms such as Yatra Online and Ixigo plunged up to 13.5%.
Key Gulf hubs like Dubai and Doha were affected, disrupting international connectivity, increasing fuel costs, and stranding passengers.
Oil prices surged nearly 9%, and broader markets declined amid fears of prolonged instability.
Las tensiones en el Medio Oriente causaron cancelaciones de vuelos globales, caídas en las existencias y un aumento en los precios del petróleo el 2 de marzo de 2026.