Norwegian Cruise shares drop 3% as rising oil prices hurt fuel-cost outlook

Shares of Norwegian Cruise Line fell 3% due to rising oil prices, which increase fuel costs and pressure profit margins. Carnival and Royal Caribbean stocks also declined but less sharply, as Norwegian's higher debt and smaller scale make it more vulnerable. The surge in oil prices reverses the previous expectation of fuel-cost relief, posing a risk to cruise operators' earnings if prices stay high. Investors will watch upcoming earnings updates and oil market developments for further direction.