Stock Trader’s Guide to Navigating Supply Disruption by Iran War

The prospect of a prolonged Iran war and elevated oil prices is prompting stock investors to reassess a broader array of industries, including less obvious targets from food delivery firms to cosmetics makers as supply disruption intensifies.

Global stocks have lost 5.5% since the conflict began, heading for their worst monthly performance since 2022, with Asia being the hardest hit. Traders — wary of resurgent inflation and the mounting cost of the war adding to budget deficits — pushed back their expectations for the next Federal Reserve interest-rate cut to mid-2027. While airlines and shipping firms are among those that have suffered the most from the conflict so far, defense and energy stocks have benefited.