New US attack on Iran: Key aspects of the impact on logistics and oil prices for Spanish companies

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Geopolitics and Foreign Trade

The new US military offensive against an Iranian target, confirmed by BBC sources, is escalating tensions in the Middle East. This move, part of the Trump administration's policy, is triggering immediate alerts in energy markets and global supply chains, directly impacting Spanish foreign trade.

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The recent military attack perpetrated by Estados Unidos against a military installation in IránThe report, dated May 28, 2026, marks a significant escalation in geopolitical tensions in Oriente MedioForeign trade analysts consulted by Empresa Exterior warn that, beyond the military scope, the direct economic impact on Spanish companies will be felt almost immediately on three key fronts: logistics costs, energy volatility y market risk in the Gulf region.

This move, attributed to the maximum pressure strategy of the current administration of Donald Trump, puts the spotlight back on Estrecho de Ormuz, the artery through which nearly a third of the world's seaborne oil passes and a vital route for trade in goods between Asia y Europa.

Immediate Impact on Logistics Routes and the Strait of Hormuz

The main concern for logistics and supply chain managers in España It is security in the Golfo Pérsico that holds the top spot. "Any incident in this area causes an automatic increase in freight rates and war risk surcharges."Explain maritime transport experts. The practical consequences include:

• Increased transport costs: Shipping companies will immediately pass on the increase in insurance costs to their fares.
• Possible route deviations: In the event of a blockade or a credible threat in the Estrecho de OrmuzShips could be forced to take longer and more expensive alternative routes, such as the one around África, causing significant delays and cost overruns.
• Congestion at alternative ports: The traffic diversion could saturate other transshipment ports in the region, complicating logistics planning.

Volatility in Energy Markets: Brent Returns Above $100

Oil futures markets react with extreme sensitivity to instability in Oriente MedioAccording to energy analysts consulted by this publication, the news of the attack could boost the price of barrel of Brent, reference in Europaabove the psychological barrier of $100. This price increase directly impacts the cost structure of Spanish industry, not only due to the price of fuel for transportation, but also due to the cost of energy for industrial production.

Risk Analysis for Spanish Companies

Impact Area	Risk level	Direct Consequences for Spanish Companies
Maritime Logistics	High	Increased freight costs, risk surcharges, supply chain delays.
Energy Costs	High	Rising fuel and electricity prices, reducing profit margins.
Export Markets (Gulf)	Medium-High	Project shutdowns, contracting demand, and uncertainty for contracts in the region.
Export Credit Insurance	Medium	Tightening of coverage conditions and increased premiums by agencies such as Cesce.

Key points and frequently asked questions about the US-Iran conflict and trade

How does this escalation affect my exports to neighboring countries like the United Arab Emirates or Saudi Arabia?

Although the conflict is centered on IránThe instability affects the entire region of Golfo PérsicoInfrastructure projects and demand for consumer goods may slow down due to uncertainty. Spanish exporters are advised to review their contract terms, secure payments through letters of credit or credit insurance, and maintain open communication with their local partners.

What should importing companies with supply chains in Asia do?

Companies that import components or finished products from Asia They must prepare for potential delays and cost overruns. Auditing the route dependency is crucial. Estrecho de Ormuz, assess alternative routes if feasible and increase, if possible, the safety stock to mitigate the impact of supply disruptions.

Will we see an immediate impact on the Euro-Dollar exchange rate?

Yes, it's very likely. In times of high geopolitical tension, the US dollar tends to act as active refugeThe dollar is strengthening against other currencies such as the euro. For Spanish companies, a stronger dollar makes imports priced in that currency (such as oil) more expensive, but on the other hand, it can make exports to markets outside the eurozone more competitive.