Texas executives report higher fuel costs from Iran war

15 articles · Updated · Federal Reserve Bank of Dallas · Apr 27

Nearly half of 308 surveyed Texas business leaders cite negative impacts from the Iran war, with 87% of affected manufacturers and 65% of affected service firms reporting higher fuel or transportation costs.
Uncertainty and reduced customer spending are also major concerns, leading many firms to delay hiring or capital investments, while some manufacturers have increased selling prices to offset costs.
A minority of firms, especially in oil, gas, and defense, report positive impacts such as increased domestic demand. Many executives expect continued disruption if the conflict persists, with broader economic risks highlighted.

Beyond oil, which critical industries face the next major supply shock from the conflict?

Could Texas's oil boom insulate the U.S. from the worst economic fallout?

What is the long-term economic cost of delaying business investment and hiring?

How will the battle over the Strait of Hormuz permanently reshape global supply chains?

As supply chains become battlefields, how can businesses protect themselves from geopolitical weaponization?

With fuel and food prices soaring, is a global recession now inevitable?