Inquirer
LONDON, United Kingdom — Reckitt Benckiser, the British supplier of health and hygiene products including Durex condoms, said Wednesday that soaring oil prices caused by the Middle East war could cost it up to £150 million ($203 million). Reckitt, whose brands also include Dettol surface cleaner and Nurofen painkillers, revealed the fallout in a first-quarter trading update. “Modelling a scenario of oil at $110 a barrel for the remainder of 2026 indicates a £130 million to £150 million gross impact on our input cost base… which we see as a manageable level,” it said. READ: Oil prices rise despite US-Iran ceasefire […]... Keep on reading: Middle East war weighs on parent of Durex condoms
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