Cruise Operators Rally 13% as Oil Plummets

Cruise operator stocks jumped sharply after oil prices fell over 17% following a US‑Iran two‑week ceasefire agreement.
Carnival Corp shares rose about 13.8%, Norwegian Cruise Line Holdings up 12.2%, and Royal Caribbean gained 10.8% at market open.
WTI crude fell over 17% to $93.6/barrel after President Trump and Iran agreed to a ceasefire and reopened the Strait of Hormuz.