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Iran war's new blow to US economy: Major industry teeters on brink, begs Trump for billions in aid

Published on Apr 29, 2026 03:46 pm IST

As the Iran war pause drags on and the Hormuz blockade keeps oil above $110, U.S. budget airlines say they can’t cope. Frontier, Allegiant, Avelo, Sun Country and Spirit are pleading for billions in relief while Trump frowns at Iran’s latest offer and Tehran celebrates a new nuclear post at the U.N.

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