Former New Hampshire Gov. Chris Sununu warned Treasury Secretary Scott Bessent and Trump advisers that the Iran conflict is driving up oil and jet fuel prices, via disrupted shipping through the Strait of Hormuz, likely raising airfares and creating political risks for Republicans ahead of the midterms and summer travel season, The Wall Street Journal’s Brian Schwartz and Alison Sider report. Publicly traded companies in the space include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), Frontier Group (ULCC), JetBlue (JBLU), Southwest (LUV), Sun Country Airlines (SNCY) and United Airlines (UAL).
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