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The U.S.-Iran war is coming for your credit score and mortgage application

CNBC · May 2, 2026, 1:17 PM

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  • To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo
  • The closure of the Strait of Hormuz has caused a worldwide economic ripple effect, hiking prices of everything from gas to pharmaceuticals and causing shortages of everything from jet fuel to helium.

Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo

The closure of the Strait of Hormuz has caused a worldwide economic ripple effect, hiking prices of everything from gas to pharmaceuticals and causing shortages of everything from jet fuel to helium. That is impacting big companies in the market in a variety of ways, from the oil majors to the airlines. But the closure may also be impacting something else: your credit score.

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