Plastic is the hidden cost of the war in Iran

New York — 

Experts are warning that consumers will see a rise in prices for a variety of plastic consumer goods due to the war with Iran.

Plastic products are partly made out of oil, which has gone up more than 40% since the start of the war in late February. As a result, products like disposable cutlery, bottled drinks and garbage bags could be among the first to rise in the coming weeks, said Patrick Penfield, a professor of supply chain practice at Syracuse University. 

But plastics are used across supply chains, from packaging

Related News

How to Overcome Imposter Syndrome and Launch Your First Product with Confidence

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Incident involving suspect with a knife closes Hwy. 101 in San Jose

Scott Pelley speaks: ‘CBS News is on fire’ and Bari Weiss should be removed

5 vehicles stolen from Alameda County parking garage in Oakland

Video footage shows large groups of people fighting in Oakland