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LSE:ICAG.L 5 January 2026 - 2 March 2026

IAG share price slides as oil jumps and British Airways cancels Middle East flights

IAG share price slides as oil jumps and British Airways cancels Middle East flights

IAG shares fell 6.8% to 395 pence Monday as travel stocks dropped on surging oil prices and Middle East disruption. British Airways canceled several Middle East flights and offered rebooking or refunds. IAG’s €500 million share buyback begins Monday and runs through May 29. About 14.4 million IAG shares traded as the STOXX 600 lost 1.8% and oil jumped up to 13%.

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  • Nifty 50 Faces Geopolitical Risks Amid Bullish Technical Setup
    April 30, 2026, 5:04 AM EDT. Indian stock index Nifty 50 shows a bullish flag pattern indicating potential upside but struggles near 24,300-24,400 resistance. The market juggles strong corporate earnings against rising crude prices above $121/barrel due to the blocked Strait of Hormuz amid U.S.-Iran tensions. With India importing 88% of its oil, energy cost pressures weigh heavily. Analysts warn of a "geopolitical minefield" threatening sharp declines if the energy crisis intensifies. The index hovers near its 50-day Moving Average, a key trend signal. Univest analyst Ankit Jaiswal suggests sustaining above 24,177 in the early trading session is crucial to avoid a bearish trap leading to a fall toward 23,900.

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Australia Stock Market Today: ASX 200 Falls Again as Oil Shock, Woolworths Warning Hit Shares

Australia Stock Market Today: ASX 200 Falls Again as Oil Shock, Woolworths Warning Hit Shares

30 April 2026
Australian shares fell for an eighth straight session Thursday, with the S&P/ASX 200 closing down 0.24% at 8,665.8 as miners and consumer staples dropped. The decline followed data showing annual inflation rose to 4.6% in March, above the Reserve Bank’s target. Woolworths shares slid up to 9.8% after warning on earnings. Oil prices hit a four-year high, lifting energy stocks 1.4%.
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