Oil majors react to falling prices

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Saudi Aramco’s chief executive officer warned the impact on global oil markets will be “catastrophic” the longer the disruption from the Iran war drags on.
- The two European airlines that stand out as being best-protected from the turmoil in the Middle East and its impact on fuel costs are Ryanair and IAG, according to Bernstein analysts.
- Persimmon surged the most in almost six years after the company reported earnings that reassured investors it is navigating a soft UK housing market better than many of its rivals.

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