Companies across industries—including airlines, fast-food chains and retailers—are disclosing in shareholder reports that the ongoing Iran war and resulting oil market disruptions could increase their costs and hurt their bottom lines. With the Strait of Hormuz closed and about 25% of the world's oil supply affected, experts and businesses warn the economic impact could be lasting even if the conflict ends.

Companies recognize that the disruption from interrupting the oil economy will be lasting, says Matthew Huber, professor of geography and the environment. Higher prices at the pump cut into corporate profits, he says, and rattle consumers.

“It is going to be a pretty long-term problem, even if they reopen the Strait of Hormuz today,” Huber says.

Read more in the Wall Street Journal article, “Companies Warn Investors of Energy Price Jitters Fueled by Iran War.”