Aviation stocks fly high: IndiGo, SpiceJet shares jump up to 6% as crude oil prices slip to below pre-US-Iran war levels

Airline shares rose on June 25 as crude oil prices hit new lows, with SpiceJet up 5.5% and InterGlobe Aviation gaining 4.7%. The decline in oil prices, driven by eased supply concerns, improves profit margins for airlines, with forecasts suggesting oil could stabilize around $67 per barrel.