Ryanair profits drop as Iran war puts off passengers and lifts fuel costs

1 month ago
first time in a month. This spike followed a weekend of intense exchanges of fire between US and Iranian forces. Consequently, maritime traffic has ground to a halt through the Strait of Hormuz, a critical global transit route for oil and gas supplies. On Monday, the global oil benchmark, Brent crude, rose by 2.5 percent.

Ryanair cautioned that