Dossier
Ricardo Venegas
Coverage of Ricardo Venegas in the Nexus archive.
- Petroleum infuses a multitude of everyday items the Iran war could make more expensive
The Iran war is causing increased costs for petroleum-derived materials, affecting products like plush toys and other consumer goods. Aleni Brands, a toy manufacturer, faces 10-15% higher material costs from China, with potential price hikes for customers by early 2027 if the conflict persists.