Business

Iran war cost will be passed to consumers, shipping giant boss tells BBC

Maersk CEO Vincent Clerc urges US, Israel, and Iran to reach a deal to prevent war costs from impacting consumers.

Turkish naval warship F240 cruising in the Bosphorus against an Istanbul cityscape.

Image: GlobalBeat / 2026

– BBC News: Maersk chief executive Vincent Clerc said that the rising cost of insurance and fuel due to tensions in the Middle East could be passed on to consumers.
– Reuters: The shipping giant Maersk warned that the Iran War Cost Impact on Consumers could increase due to higher insurance and fuel costs.