The Malaysian company Karex, which produces about five billion condoms a year, said it was raising prices by 30 percent because of higher raw material prices and global shipping disruptions.
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
Secretary of Energy Chris Wright’s acknowledgment in a TV interview undercut President Trump’s earlier claim that price increases would be “short-term.”
Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
President Trump is confronting a crisis that is not bending to his narrative of a “pretty reasonable” new regime in Iran and all-but-assured victory for the United States.
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.