US-Israeli War on Iran Costs Global Firms at Least $25 Billion

The ongoing US-Israeli military campaign against Iran has inflicted at least twenty-five billion dollars in losses on companies across the world, with analysts warning the figure is still climbing as the conflict shows no sign of a near-term resolution. The damage spans multiple sectors, from shipping and logistics to energy, manufacturing, and insurance.

Maritime rerouting around the Strait of Hormuz and disruption to regional supply chains have emerged as primary drivers of the financial toll. Energy companies face elevated input costs as oil prices remain volatile, while carriers have absorbed significant increases in war-risk insurance premiums that are routinely passed on to consumers and importers.

For Pakistan and other import-dependent economies, the sustained conflict presents a compounding risk. Higher energy prices, costlier freight, and constrained access to Middle Eastern markets exert simultaneous pressure on current account balances and domestic inflation.

Economists caution that the twenty-five billion dollar estimate captures only directly attributable corporate losses and likely understates the broader macroeconomic spillover. Multilateral institutions have already revised downward growth forecasts for several emerging markets, citing the conflict as a primary external risk factor for the second half of 2026.