The aviation industry is facing significant challenges due to the ongoing conflict in Iran and rising oil prices. Shares of major airlines have declined as a result, with some experiencing much worse drops than others. The situation has raised concerns about the potential impact on airline operations and profitability. As Deutsche Bank warned, airlines could be forced to ground thousands of aircraft or even stop operations altogether. In contrast, the price for future deliveries of oil is significantly lower, offering some hope for the industry’s future. According to Axios, President Trump described the increase in oil price as a ‘small price to pay’ for ‘peace and safety’.