On April 22, 2026, the escalating geopolitical conflict in the Middle East is increasingly demonstrating significant negative ripple effects on the global economy. From industrial production to end consumption, the fragility of supply chains has been laid bare, sharply increasing operational pressures on businesses.

Due to disruptions in shipping through the Strait of Hormuz, energy and logistics costs have risen substantially. Elevator manufacturer Otis Worldwide Corp acknowledged that delays in cross-border transportation and changes in trade policies have directly impacted the delivery of new equipment orders and market sales. Concurrently, industries such as chemicals, food, and tourism and aviation are also suffering. Renowned paint brand AkzoNobel warned that raw material costs are set to increase by double digits; French food group Danone pointed out that cross-border transport of infant formula has been interrupted; and German travel group TUI has proactively lowered its full-year profit forecast due to rising fuel prices and weak consumer sentiment.

Latest data indicate that economic activity in the Eurozone has contracted, with the input price index surging to 76.9, signaling that factories are facing severe cost pressures. The International Monetary Fund has revised down its global economic growth forecast for 2026 to 3.1% and warned that the world economy could slide towards a more unfavorable outlook if the conflict persists.