Iran war impact: Rising oil costs hit china factories; businesses squeezed as prices surge
Apr 18, 2026
The war in Iran is sending shockwaves through global supply chains, pushing up raw material costs and squeezing businesses across
Apr 18, 2026
The war in Iran is sending shockwaves through global supply chains, pushing up raw material costs and squeezing businesses across China.
From supermarkets to factories, companies are feeling the pressure as oil and gas prices rise due to disruptions linked to the Strait of Hormuz.
Common goods like plastics, packaging, and chemicals are becoming more expensive as energy costs climb. China’s manufacturing sector—already under strain from weak consumer spending—is now facing additional inflationary pressure.
One plastics vendor in Beijing says costs have jumped more than 25% since the conflict began, forcing businesses to reconsider pricing and profit margins.
Al Jazeera's Katrina Yu, reports from Beijing.
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