Surf Air Mobility is trading $0.70 (+5.89%) after crude oil prices fell sharply on August 26, 2026, supporting expectations for lower aviation fuel costs.

  • Reuters reported Brent declined 3.08% and WTI fell 2.68% as revived Iran–Oman talks raised hopes of reopening the Strait of Hormuz and easing supply constraints.
  • No new company-specific announcement was identified on August 26; the move appears primarily sector-driven.
  • Recent quarterly results and guidance were issued August 10, not today.