Delta Air Lines' refinery ownership provides competitive advantage as jet fuel prices elevated by geopolitical tensions

"Gas prices moving up and down and being very volatile is a benefit just because the convenience store has to keep prices fairly elevated but they can be more opportunistic on when they buy."

"Delta Air Lines will publish its quarterly results next week, shedding more color on the impact of the US-Iran war that pushed jet fuel prices higher. Unlike other airlines, Delta was better positioned because it owns a refinery, where it turns crude oil into jet fuel."