It's not just gasoline. Iran war could drive prices higher for many products.
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MoneyWatch It's not just gasoline. U.S.-Iran war could drive prices higher for many products derived from petroleum. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } April 22, 2026 / 8:20 AM EDT / CBS/AP Add CBS News on Google It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins and Wobblies, but even plush playthings aren't immune when oil shipments from the Middle East are constrained. Like many soft toys, the creatures developed by a manufacturer in Fort Lauderdale, Florida, are made with polyester and acrylic, synthetic fibers derived from petroleum. Three weeks after the war started, suppliers in China notified Aleni Brands that getting the materials already was costing them 10% to 15% more, CEO Ricardo Venegas said. "I think this situation demonstrates how much oil permeates throughout our system, and we can't get away from it," said Venegas, who founded Aleni Brands last year and is in the process of adding product lines. "Who would have thought that the price of a toy would have a direct relationship with oil?"Wide range of items affected It's not just toys. Petrochemicals derived from oil and natural gas go into making more than 6,000 consumer products, according to the U.S. Department of Energy. Computer keyboards, lipstick, tennis rackets, pajamas, soft contact lenses, detergent, chewing gum, shoes, crayons, shaving cream, pillows, aspirin, dentures, tape, umbrellas and nylon guitar strings are just a few of them.The war is also threatening the world's supply of helium and aluminum, key materials used in products such as semiconductor chips, medical equipment and other everyday goods.So far, the war's most tangible and immediate effect for many people outside the conflict zone has been spiking gasoline prices. Travelers also are seeing higher airfares and flight fees as airlines respond to the rising cost of jet fuel. Consumers may find themselv...





