Karex to Raise Condom Prices Due to Iran Conflict Impact
Karex, the world's largest condom manufacturer, announced plans to increase prices by up to 30% due to disruptions caused by the ongoing conflict involving Iran. The war has affected the supply of raw materials essential for production, leading to increased costs. Karex, which supplies major brands like Durex and Trojan, as well as health systems like the UK's NHS, is facing significant production challenges as a result of the geopolitical tensions.