P&G Warns of $1 Billion Hit from Iran War Due to Unhedged Oil Exposure

Procter & Gamble has issued a warning that the ongoing conflict in Iran could result in a $1 billion financial impact due to its failure to hedge oil exposure, potentially leading to price increases for consumers.

24 Apr, 13:42 — 24 Apr, 13:42

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FTVery High130d ago

P&G warns of $1bn hit from Iran war after failing to hedge oil exposure

US consumer goods group said it may raise prices as conflict drives up costs of fuel and packaging

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P&G Warns of $1 Billion Hit from Iran War Due to Unhedged Oil Exposure

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P&G warns of $1bn hit from Iran war after failing to hedge oil exposure

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