The war between the United States, Israel, and Iran has already cost global companies at least $25 billion, with losses continuing to rise. For comparison, by October of last year, hundreds of companies had already suffered more than $35 billion in losses due to tariffs introduced by U.S. President Donald Trump in 2025.
A Reuters analysis based on corporate filings from companies listed across the United States, Europe, and Asia highlights the broad economic impact of the conflict. Firms are facing rising energy prices, disrupted supply chains, and interruptions in trade routes linked to tensions in the Strait of Hormuz.
At least 279 companies have directly attributed price increases, production cuts, and logistical disruptions to the conflict. Some firms have suspended dividend payments, postponed share buybacks, placed employees on leave, and introduced additional fuel surcharges.
Analysts say the situation is creating pressure similar to previous global economic crises, weakening profitability across multiple sectors. Changes in consumer behavior are also being observed, with a growing preference for repairs and alternative solutions over new purchases.
Restrictions in the Strait of Hormuz have pushed oil prices more than 50% above pre-war levels, exceeding $100 per barrel. This has increased transportation costs, complicated raw material supply, and slowed global trade flows.
The aviation sector is among the hardest hit, with estimated losses of around $15 billion. Jet fuel prices have surged sharply as a result of supply instability.
Industrial and chemical companies are also being forced to raise prices due to their dependence on Middle Eastern supply chains.
