Worried about consumer inflation to come from Strait of Hormuz closure? The economy has one word for you other than oil: plastics.
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In this article
The price of naphtha may not keep you up at night when you think about the inflation yet to hit the economy from the U.S.-Iran war and Strait of Hormuz closure, but perhaps it should.
As gas prices continue to rise alongside crude oil
, costs of petroleum derivatives — petrochemicals — are also rising, and that eventually may have a far wider impact on consumers than gas prices.
Corporate executives are not panicking over a short-term increase in oil prices and Strait of Hormuz closure, but patience may…
Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam.
The impacts from the Iran war continue to way on global supply chains as economists raise their expectations for a potential…
“I'm a lot more concerned about the current crisis than I was when Russia-Ukraine happened four years ago,” one fund manager told…
Half of US generic drugs are made in India and transit the Strait of Hormuz. Supply chains prepare for emergencies, but…
The U.S.-Iran war and Strait of Hormuz closure have caused a global economic ripple effect, your credit score included as banks…
