IndiGo, SpiceJet shares fall up to 5% as crude oil prices spike amid US-Israel-Iran war
Indian aviation stocks have fallen today, March 2, mainly due to increasing geopolitical tensions in the Middle East impacting crude oil prices.
InterGlobe Aviation (IndiGo) shares has witnessed a fall by over 5%, while SpiceJet shares are down close to 4% in early trading as the ongoing conflict affects key transit points and raises worries about surging fuel costs.
