The US-Israeli conflict with Iran has inflicted at least $25 billion in losses on companies worldwide, a toll driven by disrupted energy supplies, paralyzed shipping routes, and ballooning insurance premiums across some of the most critical trade corridors on the planet.
The Strait of Hormuz problem
Roughly 20% of global petroleum flow passes through the Strait of Hormuz. When military tensions escalate in the region, disruption to shipping operations around the strait has been significant enough to trigger emergency surcharges from major carriers. CMA CGM, one of the world’s largest container shipping companies, has imposed emergency fees ranging from $2,000 to $4,000.
Oil price forecasts suggest crude could surge to between $100 and $200 per barrel if the conflict intensifies further.
The global growth hangover
