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    HomeEnglish NewsBusinessBREAKING: Iran war impact — cooking oil up 7%; soap, biscuit packs...

    BREAKING: Iran war impact — cooking oil up 7%; soap, biscuit packs shrunk; appliances up 15%

    Rising costs linked to the Iran war pushed cooking oil prices up 7%, while manufacturers shrank soap and biscuit packets and raised prices of washing machines, refrigerators and LED TVs by up to 15%. Supply‑chain disruptions and higher crude and vegetable‑oil costs are squeezing margins and prompting consumer belt‑tightening. Analysts warn inflationary pressures may persist if geopolitical tensions continue ahead.

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