Jet fuel prices have surged 2.5 times since the outbreak of the Middle East war as airlines prepare to face worsening business conditions.

The world’s biggest oil exporter said its net income reached US$32.04 billion, compared to US$25.51 billion for the same quarter in 2025.

Equity-derivatives strategists are recommending trades to bet on more gains, just as traders chasing the rally push up the cost of options.