IndiGo, SpiceJet, other tourism stocks rocket up to 7% after US, Iran agree to peace deal after long negot
- Posted on June 15, 2026
- By Business News Today
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- 1 min read
IndiGo, SpiceJet, other tourism stocks rocket up to 7% after US, Iran agree to peace deal after long negot
Indian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strait of Hormuz. This development is expected to ease geopolitical tensions, potentially reducing operating costs for airlines and restoring travel sentiment. Investors anticipate a normalization in global travel and aviation as shipping routes reopen.
