Energy shock from Iran war may make shopping from Zara, H&M more expensive, sneakers to get costly too
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Energy shock from Iran war may make shopping from Zara, H&M more expensive, sneakers to get costly too

Mint·3h ago·Neutral

What Happened

West Asia tensions disrupt polyester supply, raising production costs 30% for Indian yarn makers. Strait of Hormuz closure cuts refined petroleum access, driving up chemical and dye expenses. Fast fashion retailers including Zara, H&M face higher sourcing costs. Worker shortages in Surat mills compound supply challenges. Cost pressures likely to reach consumers through price increases.

Key Entities

ZaraH&MStrait of HormuzWest AsiaIndiaBangladeshpolyesterSuratBindal Silk Mills

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