Iran war costs global companies $25B

A Reuters analysis reveals that the war between the United States, Israel, and Iran has already cost global companies at least $25 billion, with the figure continuing to rise. The conflict has led to soaring energy prices, disrupted supply chains, and severed trade routes due to Iran's blockade of the Strait of Hormuz. At least 279 companies have taken defensive actions such as price increases, production cuts, and dividend suspensions. Companies like Whirlpool Corporation, Procter & Gamble, Karex, Toyota, McDonald s, Yum! Brands, and Continente have reported or anticipate significant financial hits. The surge in Petroleum prices, particularly jet fuel, has heavily impacted airlines, accounting for nearly $15 billion in costs. Analysts expect profit margins to be threatened in the second quarter and beyond, with negative revisions for consumer-facing sectors and overall earnings growth forecasts being cut in regions like Japan.