The conflict is no longer just moving oil prices. It is moving corporate margins, consumer demand and earnings forecasts across global markets.
The Iran war is no longer sitting only on the front page. It is starting to sit inside company earnings.
A Reuters analysis found that the US-Israeli war with Iran has already cost companies worldwide at least US$25 billion, with businesses facing higher energy prices, disrupted supply chains and trade routes affected by Iran’s control over the Strait of Hormuz. At least 279 companies have cited the war as a trigger for defensive actions, including price increases, production cuts, suspended dividends, furloughs, fuel surcharges and requests for government support.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
