- Condom maker warns prices may rise due to Iran war supply disruptions CBS News —
- Cost of loving crisis - World facing condom shortage due to the Strait of Hormuz closure crisis Daily Star —
- World’s largest condom maker warns prices could rise as the Iran war impacts supply chains Euronews —
- World’s top condom maker warns of shortages and price increase as Iran war hits supply chain The Independent —
- Pricier condoms show war is impacting cost of nearly everything Sydney Morning Herald —
- Condom prices to rise as Iran war drives up costs Irish Independent —
- Condom prices could rise 30% due to Iran war, says world’s top producer Irish Times —
- Condom prices to surge by 30% as world's largest manufacturer warns Iran war is 'disrupting production' LBC —
Karex warns of condom price hike
The ongoing conflict in the Middle East has led to increased costs for raw materials and shipping, forcing the Malaysian-based firm to pass these expenses on to consumers.
CEO Goh Miah Kiat stated that the closure of the Strait of Hormuz has created a 'cost of loving' crisis as logistics become increasingly complex.
The price hike is expected to affect both retail customers and state health systems, such as Britain's NHS. The situation highlights how the tremors of the war are reaching far corners of the global economy.