Business
Iran Conflict Hits Toyota Profits
Toyota reported a £3bn loss due to soaring material costs and declining sales amid the Iran conflict. The company warned of ongoing impacts from both war-related expenses and US tariffs.
Coverage timeline — 2 articles
The Guardian
Carmaker gives one of biggest warnings yet of conflict’s impact on businesses while Trump tariffs also take tollToyota has reported a £3bn hit from costs from the war in Iran, as prices of parts and materials soared and sales dropped.The world’s biggest carmaker said profits decline
2026-05-08 12:09 UTC
Al Jazeera
State TV releases a video of IRGC forces boarding and detaining the Barbados-flagged vessel, Ocean Koi.
2026-05-08 12:22 UTC