Packaging stocks are declining as the Middle East conflict drives up energy prices and disrupts global supply chains, adding pressure to an already cyclical sector. Market data shows the packaging industry is among the worst performers since the conflict began, reflecting rising costs and growing economic uncertainty. The Morningstar Global Packaging and Containers Index has…
The conflict in Iran is unlikely to lead to 1970s-style oil rationing, but policymakers should use pricing mechanisms and encourage domestic energy investment to protect against unpredictable escalations, says Andy Mayer. In 1979, the Iranian revolution sparked the “second oil crisis,” when the price of crude oil doubled to $40 per barrel. Although global production…
President Donald Trump announced Friday that the United States could impose tariffs of up to 100% on imports from China by November 1, marking an escalation in the US-China trade conflict and increasing uncertainty in global supply chains. In a Truth Social post on Friday, Trump said the tariffs were retaliation for China’s new export…
