BUZZ-US cruise operators rise as oil prices slide after Iran deal

Norwegian Cruise Line Holdings Ltd.
Royal Caribbean Group
Carnival Corporation Ltd.

Norwegian Cruise Line Holdings Ltd.

NCLH

0.00

Royal Caribbean Group

RCL

0.00

Carnival Corporation Ltd.

CCL

0.00

** Shares of U.S. cruise operators rise in premarket trading after oil prices fell following the U.S.-Iran interim deal

** Norwegian Cruise Line NCLH.N up 2.4%, Carnival Corp CCL.N up 2.5%, while Royal Caribbean RCL.N up 2%

** Brent sank to its lowest since March 2, the first trading day after the initial U.S.-Israeli strikes on Iran, while WTI was at its lowest since March 4 O/R

** Rising fuel costs had cast a gloom on the sector as the attacks on oil and transport facilities and disruptions to energy flows through the Strait of Hormuz

** YTD, as of last close, NCLH and CCL fell 11% and 2%, respectively, while RCL rose 8%