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The ongoing war involving the U.S., Israel and Iran has already cost global companies more than $25 billion. Rising oil prices, aviation losses and supply chain disruptions are increasing fears of a new global inflation wave.
The ongoing war involving United States, Israel and Iran is having a growing impact on the global economy. According to an analysis published by Reuters, the conflict has already cost companies worldwide at least $25 billion, with losses expected to rise further.
The aviation sector has reportedly suffered the biggest blow. Increasing jet fuel prices, security risks across Middle Eastern airspace and longer rerouted flights have pushed airline industry losses to nearly $15 billion.
The economic fallout is also affecting major multinational corporations. Toyota, Procter & Gamble and McDonald’s have warned investors about rising energy costs, supply chain disruptions and weakening consumer demand.
Tensions surrounding the Strait of Hormuz remain one of the most critical risks for global energy markets. Analysts warn that any further escalation in the region could trigger sharp increases in oil prices and intensify global inflation pressures.
Economic experts also caution that a prolonged conflict could slow global growth and deepen recession fears. Pentagon estimates indicate that direct U.S. military spending linked to the war has already reached approximately $29 billion.