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No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes
No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes
The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode.
Karex CEO Goh Miah Kiat spoke with...
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