Your laundry bill is about to get more expensive—and Unilever says the Iran war is partly to blame

Consumers may be feeling the effects of global energy disruptions not only at the pump but also on laundry day. Recommended Video Laundry detergent and cleaning supplies often contain petrochemicals derived from crude oil, and as passage through the Strait of Hormuz remains restricted, oil shocks are now impacting myriad household goods. Consumer goods giant Unilever will likely hike up the costs of certain home care products, Chief Financial Officer Srinivas Phatak said on Thursday. “There will be frequent price increases, but in small doses,” Phatak told analysts at the company’s earnings presentation.

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