Iran War Disrupts Global Supply Chains and Increases Manufacturing Costs
The ongoing war between the U.S., Israel, and Iran has caused significant supply shocks affecting European factories, leading to rising raw material costs at the fastest rate in four years. While Asian manufacturing activity expanded due to stockpiling, Eurozone factory growth slowed with Germany's sector stalling and France experiencing a contraction.
Tickers: $SPG
Topics: global trade inflation Iran war supply chain disruptions