Travel stocks wipe out RM88.7b after Middle East war grounds flights worldwide

Travel stocks wipe out RM88.7b after Middle East war grounds flights worldwide

Malay Mail Online - Money·2026-03-03 15:00

LONDON, March 3 — Travel shares tumbled yesterday, shedding US$22.6 billion (RM88.7 billion) as escalating conflict between the US, Israel and Iran disrupted flights worldwide, closed key Middle Eastern hubs and sent oil prices surging, with analysts warning of weeks of disruption.

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