International Consolidated Airlines Group stock price drops 4% as oil surge rattles airline shares
International Consolidated Airlines Group shares fell to 343 pence Thursday, underperforming the London market as Brent crude briefly topped $119 a barrel after Gulf energy site attacks. British Airways extended flight cancellations across the Middle East, while rivals including Air France-KLM and Lufthansa raised fares or added flights to offset fuel and airspace disruptions.