President Donald Trump’s war with Iran has left Florida-based Spirit Airlines in dire straits.
The budget carrier is exploring the possibility of liquidation, after skyrocketing fuel prices have pulled the ladder away on its route out of bankruptcy, according to sources cited by The Wall Street Journal.
Trump’s invasion of Iran has caused the Middle Eastern nation to place a vice-like grip on the Strait of Hormuz, which sees around one-fifth of the global oil supply flow through it during peacetime.
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