Asian economies

Factories are silhouetted during sunset, in Handan, Hebei province, China, on April 7, 2026. (PHOTO: REUTERS/Tingshu Wang/File)
Jun 1, 2026

Iran war disrupts European factories with soaring costs and supply shocks

The Iran war has caused supply shocks and rising raw material costs for European factories, while U.S. and Asian manufacturers expand amid stockpiling.


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