Global businesses have already suffered at least $25 billion in losses due to the consequences of the war with Iran, and this amount continues to grow amid an energy crisis, supply disruptions, and the blocking of key trade routes.
Reuters writes about this.
According to Reuters, at least 279 companies have reported forced anti-crisis measures: price increases, production cuts, suspension of dividends and share buybacks, as well as cost optimization and staff reductions.
The main pressure factors were the rapid rise in energy prices, disruptions in global supply chains, and restrictions on maritime trade due to threats in the Strait of Hormuz, one of the world's key energy corridors.
The rise in oil prices, which exceeded $100 per barrel, has put additional pressure on transportation, manufacturing, and consumer markets. Airlines, the chemical industry, retail, and consumer goods manufacturers have been hit hardest.
Companies including Procter & Gamble, Toyota and other global players are warning of further rising costs and declining profits if the conflict drags on.
Analysts note that the situation is increasing inflationary pressures in the world and reducing consumer demand, especially in an already unstable global economy after the pandemic and the war in Ukraine.