Iran War Adds 5-6% to Mexican Home Costs as Brent Tops US$110

Key Facts —The estimate: The Mexican National Housing Development and Promotion Chamber (Canadevi) projects the Iran war oil-price shock will add 5-6% to the cost of building a new home in Mexico if Brent stays above US$110 per barrel, with the increase already flowing through cement, steel, aluminum and plastic-derivative materials. —The mechanics: Aluminum prices […] The post Iran War Adds 5-6% to Mexican Home Costs as Brent Tops US$110 appeared first on The Rio Times .

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