Iran-Israel Conflict: 5 Industries Facing Economic Havoc Now

• Global Maritime Shipping: Strait of Hormuz disruption, insurers withdrawing war-risk cover, forcing long detours, spiking costs.
• European Energy Utilities: Gas market rigidity, low storage, Ras Laffan suspension, leading to massive price surges and inflation.
• Indian Chemicals & Petrochemicals: Skyrocketing input costs due to Brent crude jump, increased freight, squeezing profit margins.
• Global Aviation: Higher jet fuel prices, airspace closures forcing reroutes, increased flight times, and reduced tourism demand.
• Automotive & Tyre Manufacturing: Rising costs for crude derivatives, supply chain delays via sea routes, potential assembly line pauses.