India & United Airlines

India: India welcomed the ceasefire agreement between the United States and Iran, advocating for de-escalation, dialogue, and diplomacy to ensure lasting peace in West Asia. India also emphasized the importance of unimpeded freedom of navigation through the Strait of Hormuz due to its reliance on global energy supply and trade networks.

United Airlines: United Airlines stock jumped more than 12% in premarket trading, benefiting from the decline in oil prices.

India: India, as the world's third-largest oil importer, is highly exposed to the Iran war's economic fallout, facing mounting costs, supply disruptions for oil and fertilizer, and pressure on its economic growth and government finances.

United Airlines: United Airlines has raised checked baggage fees and is expanding its 'pay for what you want' model, charging separately for seat selection, due to increased fuel expenses.