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flag Southwest's stock fell 6.5% as jet fuel prices surged 58% to $3.95/gallon, threatening airline profits amid Middle East tensions.

flag Southwest Airlines stock dropped 6.5% on Friday as rising jet fuel costs—up 58% to $3.95 per gallon—hit the airline industry amid escalating Middle East tensions. flag While Southwest avoids direct flight disruptions due to its domestic focus, surging oil prices, driven by conflict and supply concerns, are increasing operating expenses. flag United Airlines CEO Scott Kirby confirmed strong travel demand, with Q1 revenue up 20%, but warned that airlines are likely to raise fares soon to offset fuel costs, which now account for about one-fifth of operating expenses. flag The industry faces pressure from higher crude prices, rerouted flights, and inflation, with no immediate signs of weakening consumer demand.

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