economy

THE WAR IS EATING BILLIONS! Here's HOW MUCH the US-Israeli conflict with Iran has cost companies so far

The US-Israeli war with Iran has already cost companies worldwide at least 25 billion dollars, and the bill continues to grow, Reuters reports.

THE WAR IS EATING BILLIONS! Here's HOW MUCH the US-Israeli conflict with Iran has cost companies so far

TL;DR

  • The US-Israeli war with Iran has cost companies worldwide at least $25 billion.
  • Companies are struggling with increased energy prices and disrupted supply chains and trade routes.
  • At least 279 companies cited the war as a reason for financial mitigation actions.
  • Airlines have incurred the largest share of quantified war-related costs, totaling nearly $15 billion.
  • The conflict adds to a series of global events negatively impacting businesses, diminishing expectations for the remainder of the year.

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