April 21 (Reuters) - Halliburton ( HAL ) said on Tuesday
that rerouting due to the closure of the Strait of Hormuz has
increased logistics costs for the oilfield services firm, with
the Middle East conflict also pushing up raw material prices.
The company said it was expecting the impact to cut
second-quarter earnings by about 7 cents to 9 cents per share.
Halliburton ( HAL ) said on a post-earnings conference call that it
has seen increases in the cost of purchased materials and
supplies due to the Iran war.
(Reporting by Vallari Srivastava and Anushree Mukherjee in
Bengaluru)