Iran Opens Hormuz, US Airlines Surge 5%

Iran announced the Strait of Hormuz fully open for commercial vessels during the Lebanon ceasefire, prompting immediate market reaction.
U.S. airline stocks jumped 4‑6% in pre‑market, with American Airlines +5.7%, United +5.8%, JetBlue +5.6%, Delta +5.7%, Southwest +4.1%.
Crude oil WTI futures fell about 10%, trading just above $85 per barrel after the Hormuz opening announcement.
Iran’s Foreign Minister Abbas Araghchi confirmed the open passage on X, citing the Ports and Maritime Organisation’s coordinated route.