Company reports from Honeywell and Sonoco indicate rising energy and logistics costs, while disruption in the Strait of Hormuz continues to pressure business expenses.
The S&P 500 has reached record levels even as earnings reports point to growing business strain linked to the war in the Middle East. Companies including Honeywell and Sonoco cited higher energy and logistics costs, showing how geopolitical conflict can raise operating expenses despite strong equity index performance. The reported disruptions in the Strait of Hormuz, a major global oil shipping route, are adding to that pressure by affecting transport conditions and energy markets.