FRANKFURT (dpa-AFX Broker) - Fears of an intensifying situation in the Middle East triggered slightly above-average losses for travel sector stocks in pre-market trading. Shares in Tui and Lufthansa fell by 2.8% and 1.9% respectively on the Tradegate platform compared to Friday's Xetra close.
Iran and Israel recently reported reciprocal missile fire - despite media reports that US President Donald Trump had urged Israeli Prime Minister Benjamin Netanyahu to exercise restraint. This has fueled concerns of a renewed open conflict between the two nations.
At the same time, the latest escalation also jeopardizes a potential agreement between Iran and the US. Consequently, oil prices rose significantly at the start of the week./edh/zb

















