Conflict with Iran Hits Global Trade and Energy Prices

The conflict involving the United States, Israel, and Iran is generating significant instability across the global business landscape. The intensification of hostilities has disrupted major air and sea transport corridors, particularly the Strait of Hormuz, which serves as a critical conduit for one-fifth of the world's oil supply. As maritime traffic slows and air transit routes in the Gulf are avoided, companies are facing a dual threat of rising energy costs and supply chain bottlenecks.