As beauty brands scramble to cope with 2025’s tariff increases, the conflict with Iran and disruptions in the Strait of Hormuz have introduced a new layer of instability. Shipping delays are stretching timelines by months, freight and fuel costs are soaring, and rising oil prices are rippling through the beauty supply chain, inflating the cost of everything from plastic pumps to ingredient sourcing. Beauty conglomerates are already warning about the financial fallout.