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flag US airline stocks dropped as oil prices surged due to Middle East tensions and American Airlines rejected a merger.

flag US airline stocks declined on April 20, 2026, due to a surge in crude oil prices caused by renewed Middle East tensions. flag Rising fuel costs, which make up over half of operating expenses, pressured profitability, contributing to drops in shares for major carriers including Delta, American, and United. flag The sector was further affected by American Airlines rejecting merger talks with United.

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