Events Archive
economicMay 19, 2026
$25 billion and counting: Iran war burns a hole in corporate balance sheets
Summary
The US-Israeli war with Iran is beginning to hit companies across the world, with businesses already reporting losses of at least $25 billion due to rising oil prices, disrupted trade routes and higher operating costs.
Actors involved
USIsraelIran
Sources
- TOI Business DeskBy TOI Business Desk
The US-Israeli war with Iran is beginning to hit companies across the world, with businesses already reporting losses of at least $25 billion due to rising oil prices, disrupted trade routes and higher operating costs. Company statements from firms in the United States, Europe an…
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