1237 ET - The cruise industry is facing several potential challenges, including higher fuel costs caused by the war with Iran, say Melius Research analysts Conor Cunningham and Patrick Coleman. The war has caused global oil prices to soar, raising costs for cruise companies like Norwegian and Royal Caribbean. Consumers grappling with higher gas prices may also be less likely to spend on cruise travel. "As a fully discretionary product, cruise is more exposed than most to shifts in consumer sentiment," the analysts say. Some European and Mediterranean itineraries are also geographically close to the Middle East, which may prompt cancellations or fewer bookings, they say. (chris.kuo@wsj.com)
(END) Dow Jones Newswires
April 13, 2026 12:37 ET (16:37 GMT)
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