Businesses are preparing for supply chain disruption due to the Israel–Iran conflict, as escalating tensions could lead to a blockade of the Strait of Hormuz, a major global energy route.
Logistics costs may rise significantly because companies may avoid the region, causing longer routes and higher transportation expenses, while energy price increases (especially oil) will further raise operating costs.
Export–import competitiveness could be affected, especially if the conflict expands and impacts other key trade routes like the Red Sea, leading to longer transit times and higher shipping costs.
