Airline stocks moved lower during the trading session as a significant spike in crude oil prices raised concerns over higher fuel costs, a primary operational expense for carriers. Brent crude futures rose to around $92 per barrel amid renewed geopolitical tensions in the Middle East. This increase in the cost of jet fuel directly threatens airline profitability and has historically been a headwind for the sector. The broader market also showed signs of weakness amid inflation concerns linked to the rise in energy prices.