Karex Industries, the world’s largest condom producer, is preparing to increase prices by 20% to 30% as the Iran war disrupts global supply chains for raw materials derived from oil. The Malaysia-based company, which supplies brands including Durex and Trojan as well as public health systems like the UK’s NHS, says production costs have risen … Read more
European airlines are facing a dual crisis as the Iran war disrupts jet fuel supplies and pushes ticket prices to record highs, with long-haul fares from Europe rising by an estimated $105 (90 euros) per flight since the conflict began. The surge in fuel costs stems from the near-closure of the Strait of Hormuz, through … Read more
Global energy markets face prolonged disruption as the Iran war continues to strain supply chains, with the World Bank preparing up to $100 billion in aid for poorer nations grappling with soaring fuel and food costs. The Strait of Hormuz, through which roughly a fifth of the world’s oil passes, has seen repeated openings and … Read more
China’s economy expanded by 5% in the first quarter of 2026, exceeding economist expectations and hitting the government’s growth target despite the onset of the Iran war. The January-March data, released Thursday, shows an acceleration from the 4.5% growth recorded in the final quarter of last year. This resilience comes amid a volatile trade environment. … Read more