Detroit carmakers warn of $5bn commodities shock due to Iran war
Sector faces rising prices for supplies from aluminium to plastics and paint
Sector faces rising prices for supplies from aluminium to plastics and paint

Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers

Higher fuel costs will make it more expensive to transport goods and plant crops

Disruption to power supplies and shipping bottlenecks have affected key sources of production in Gulf

US consumer goods group said it may raise prices as conflict drives up costs of fuel and packaging

While there are buffers of supply, spare capacity will come under pressure in the event of any further escalation

Wave of inflation will persist as higher fuel prices feed through into businesses