Rolls-Royce and airlines fall as Iran war threatens jet fuel supplies

Shares in airlines and associated industries were hit on Monday as investors buckle up for a longer period of turbulence in air travel markets due to the Iran war, hiking fuel prices and dampening demand On the FTSE 100 British Airways owner International Consolidated Airlines Group SA (LSE:IAG) and easyJet PLC (LSE:EZJ) were down 2.9% and 2.8%, while Rolls-Royce Holdings PLC (LSE:RR.), which makes and maintains engines, fell 4.9%.