Ryanair profits drop as Iran war puts off passengers and lifts fuel costs

Ryanair's profits are declining, the Irish airline reports. Two factors are weighing on the carrier: geopolitical uncertainty around the Iran conflict has made passengers hesitant to book flights, while rising oil prices have lifted fuel costs. Brent crude, the global oil benchmark, has surpassed ninety dollars a barrel.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton