Iran war threatens lucrative business of German carmakers

The Iran war endangers the growth of German premium carmakers in the Middle East region. While sales stagnate elsewhere, BMW, Porsche, and Mercedes thrive with luxury models in the Gulf states. Supply chains remain resilient despite the escalation, as research indicates.

The consequences of the Iran war burden the German auto industry in a key growth region. Premium manufacturers BMW, Porsche, and Mercedes particularly benefit from rising sales of expensive luxury variants in the Gulf states, where demand increases despite global stagnation. These markets are gaining strategic importance for the makers, offering the highest margins.

Handelsblatt research indicates that supply chains for production components are resilient, even amid the war escalation. Nevertheless, the conflict threatens the boom in this profitable segment. Reporting from Düsseldorf highlights the industry's dependence on stable conditions in the Middle East.

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Illustration of Iran's Strait of Hormuz blockade during war, driving up global oil and gas prices and threatening Europe's energy supply.
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War in Iran causes surge in energy prices

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On the fifth day of the war in Iran, Tehran's blockade of the Strait of Hormuz has driven up oil and gas prices, affecting the global economy. European gas prices rose from 32 to 49 euros per MWh, while Brent crude climbed from 72 to 82 dollars per barrel. Europe, vulnerable due to its reliance on imports, faces heightened risks if the conflict drags on.

イランの継続中の紛争により、ロシアの高級品供給チェーンが中断された。高級品には車、iPhone、宝飾品などが含まれ、主にアラブ首長国連邦経由である。ホルムズ海峡の閉鎖と航空交通の混乱が1カ月以上続けば品不足の脅威となり、輸入業者は既存の西側制裁下で車両の立ち往生と納品遅延を警告している。

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US and Israeli attacks on Iran, including the killing of high-ranking leaders, raise concerns in Germany. A newsletter addresses reader questions on terror threats, energy prices, and military bases. Experts warn of potential escalation in the region.

Oil prices have surged past $90 a barrel a week after the US and Israel launched major attacks on Iran, escalating into a Middle East war. The conflict has stranded oil shipments in the Persian Gulf and damaged key facilities, disrupting supplies. Consumers globally face higher gasoline and diesel costs as a result.

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Missiles continue to fly across the Middle East, boosting shares in defense contractors while causing declines in airline and cruise line stocks. JPMorgan analysts noted the conflict is creating clear leaders and laggards in the market. Investors are watching the Strait of Hormuz, which handles 20% of global oil supplies.

米国・イスラエルとイランの戦争拡大により、中東の主要産油国が供給を削減した結果、原油価格が月曜日約20%急騰し、2022年7月以来の高値を更新した。イラクとクウェートが生産を減らし、ホルムズ海峡の航路混乱が懸念されている。戦争は数週間から数カ月、高い燃料価格を世界に強い可能性がある。

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