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Southwest Airlines disclosed adjusted quarterly profit and revenue that missed analyst forecasts. The U.S. carrier cited higher fuel costs as a key factor. This aligns with challenges faced by other airlines in the sector.
Substrate placeholder — needs reviewSouthwest Airlines reported adjusted quarterly profit and revenue figures that were slightly below Wall Street expectations, according to @business. U.S. carrier is grappling with higher fuel costs, joining other rivals facing similar pressures, @business reported.
Southwest Airlines provided these adjusted quarterly profit figures directly, as part of its earnings disclosure. The company also reported its adjusted quarterly revenue in the same announcement.
TankerTrackers data shows 36 million barrels shipped and another 36 million still at sea. Iranian officials separately reported 25 million barrels crossing the blockade line since Monday.
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