Fears Effects of Iran War Will Devastate Kent Small Businesses
22 Articles
22 Articles
Europe prepares response to second energy crisis in four years
Brussels: The European Commission will set out plans on Wednesday to cut electricity taxes and coordinate the summer refill of countries’ gas storage as it seeks to cushion the energy fallout from the war involving Iran.Draft proposals seen by Reuters show the EU will, for now, avoid major market interventions such as capping gas prices or taxing energy companies’ windfall profits — measures it used in 2022 when Russia cut gas supplies and price…
Condom prices could rise 30% due to Iran war, says world’s top producer Karex
Karex produces more than 5 billion condoms annually and is a supplier to leading brands like Durex and Trojan, as well as the NHS The world’s top condom producer, Malaysia’s Karex Bhd, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive has said.Karex is also seeing a surge in condom demand as rising freight costs and shipping delays have left many of its customers…
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