New Delhi, March 10 -- Airline stocks InterGlobe Aviation (IndiGo) and SpiceJet recovered on Tuesday, March 10, supported by a sharp drop in crude oil prices and growing optimism that the US-Iran conflict could ease sooner than expected. The fall in oil prices also raised hopes that airline operations could gradually stabilise after recent disruptions.

Crude oil prices dropped nearly 10% in early trade after US President Donald Trump indicated that the war with Iran could end sooner than initially feared and signalled the possibility of easing certain oil-related sanctions.

Oil markets reacted sharply to Trump's comments suggesting the conflict may be shorter than anticipated. He also said the US administration was considering steps to ...