--- title: "Surveys show Iran war's deepening toll on global business" type: "News" locale: "en" url: "https://longbridge.com/en/news/286075533.md" description: "Surveys indicate that the ongoing war in Iran is significantly impacting global business. Confidence levels in Australia and the U.S. have plummeted, with notable declines in hiring and investment plans due to rising costs. Industries such as electronics and automotive are experiencing supply chain disruptions and soaring raw material prices. Additionally, disruptions in the Strait of Hormuz have reduced oil flows, leading to record reserve releases that may only provide temporary relief to the escalating global supply gap." datetime: "2026-05-12T10:03:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286075533.md) - [en](https://longbridge.com/en/news/286075533.md) - [zh-HK](https://longbridge.com/zh-HK/news/286075533.md) --- # Surveys show Iran war's deepening toll on global business Confidence hits lows: Australian and U.S. business surveys show steep declines in confidence, with hiring and investment plans falling sharply amid war-driven cost surges. Supply chains strain: Electronics, automotive, and other industries face soaring raw material prices and extended delays as Middle East conflict disrupts key inputs. Energy crisis risk: Strait of Hormuz disruptions have slashed oil flows, prompting record reserve releases that may only temporarily ease a growing global supply gap. ### Related Stocks - [603353.CN](https://longbridge.com/en/quote/603353.CN.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [159588.CN](https://longbridge.com/en/quote/159588.CN.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [561360.CN](https://longbridge.com/en/quote/561360.CN.md) - [DBO.US](https://longbridge.com/en/quote/DBO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [03175.HK](https://longbridge.com/en/quote/03175.HK.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [159309.CN](https://longbridge.com/en/quote/159309.CN.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [561760.CN](https://longbridge.com/en/quote/561760.CN.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [ICLN.US](https://longbridge.com/en/quote/ICLN.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) ## Related News & Research - [Federal probes eye $1.7B oil trade before Iran war news](https://longbridge.com/en/news/286150222.md) - [OPEC lowers 2026 global oil demand growth forecast](https://longbridge.com/en/news/286256123.md) - [Record oil draw from US emergency reserve drives total volumes to two-year low](https://longbridge.com/en/news/286821970.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md) - [IEA chief Birol: commercial oil inventories depleting rapidly, only weeks left](https://longbridge.com/en/news/286746172.md)