The war between the United States, Israel, and Iran has already cost global companies at least $25 billion, with losses continuing to rise. This figure was reported by Reuters on May 18, citing sources.
“Enterprises are struggling with sharp increases in energy prices, supply chain disruptions, and trade route interruptions due to Iran’s control over the Strait of Hormuz,” the report states.
At least 279 companies have cited the conflict as the reason for financial mitigation measures, including price hikes, production cuts, suspension of dividend payments and share buybacks, sending employees on unpaid leave, imposing fuel charges, or seeking emergency government assistance.
