Disruptions to shipping and energy flows are driving up costs, straining supply chains and reshaping global trade routes

The fallout from the US‑Israeli war on Iran is spreading across the global economy, driving up costs, disrupting supply chains, and leaving consumers to absorb the impact as trade flows shift. A growing number of companies have warned of higher costs and weaker demand as disruptions to energy supplies and shipping routes linked to the Hormuz chokepoint ripple through global markets.

Global businesses under pressure

Higher fuel prices, shipping delays and more expensive raw materials are weighing on companies across…

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