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Maersk CEO warns Iran war could drive up shipping costs for customers
Business
Published on 8 May 2026
War-linked oil costs hit Maersk by $500 million monthly
A.P. Moller-Maersk CEO Vincent Clerc says the Iran war is adding about $500 million in costs every month, largely tied to higher oil-related expenses. Clerc indicated the carrier will pass these increased costs to customers, while Maersk maintains its financial forecasts for 2026 despite the disruption.
- Iran war is adding $500 million monthly to Maersk costs
- Higher oil-linked expenses will be passed to customers
- Maersk says it will hold its 2026 financial forecast
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times