From Diet Coke To AI Chips: How The Iran War Is Causing Critical Global Shortages

From Diet Coke To AI Chips: How The Iran War Is Causing Critical Global Shortages

From snack packaging to AI chips, the Iran War's supply chain blockades are causing severe global shortages across consumer and industrial goods. Calbee, Japan's biggest snack maker, on Tuesday warned its products will switch from their famously colorful packaging to black-and-white labels by the end of the month due to an Iran war-spurred shortage of an ink ingredient, the latest disruption to hit the supply chain due to the conflict in the Middle East. The packaging change is reportedly due to a shortage of naptha, an ink ingredient derived from petroleum, of which Japan imports 40% of its consumption from the Middle East via the Strait of Hormuz shipping channel that has been closed since the U.S. and Israel attacked Iran at the end of February. The closure of the strait has caused other shortages around the world, including in India, where a lack of the aluminum needed to make cans has led to a scarcity of Diet Coke and spurred "Diet Coke parties," where the drink is treated as limited-availability item and often sold at significant markups. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(40)

What We Know About Billionaire Peter Thiel’s Secret 'Dialog’ Society—Including Who’s Involved

What We Know About Billionaire Peter Thiel’s Secret 'Dialog’ Society—Including Who’s Involved

A leak of private information purportedly related to an ultra-secret society called “Dialog” founded by PayPal billionaire Peter Thiel has revealed the inner workings of an elite group to which hundre...

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What We Know About Potential $300 Billion For Iran In Peace Deal

What We Know About Potential $300 Billion For Iran In Peace Deal

Iran could have access to up to $300 billion in reconstruction funds if it adheres to a peace agreement it recently struck with the U.S., according to Vice President JD Vance and multiple reports, tho...

18 Jun 3min

Fox Will Buy Roku For $22 Billion

Fox Will Buy Roku For $22 Billion

Fox Corporation on Monday announced it reached an agreement to buy the streaming service Roku for $22 billion, expanding Fox’s streaming portfolio in a transaction the companies said would create the ...

17 Jun 3min

Elon Musk Becomes The World's First Trillionaire Ever After SpaceX IPO

Elon Musk Becomes The World's First Trillionaire Ever After SpaceX IPO

Elon Musk just became the first trillionaire in world history. SpaceX’s stock began trading on the Nasdaq Friday at $150 per share, implying a nearly $2 trillion market cap for the company. Forbes est...

12 Jun 3min

Larry Ellison’s Net Worth Plunges $10 Billion—Falls Behind Bezos To Fifth-Richest

Larry Ellison’s Net Worth Plunges $10 Billion—Falls Behind Bezos To Fifth-Richest

Larry Ellison’s fortune declined by more than $10 billion on Tuesday, dropping him behind Jeff Bezos to the No. 5 spot among the wealthiest as Oracle shares stumbled amid another broad decline for tec...

11 Jun 3min

Inflation Hit Highest Rate In 3 Years In May

Inflation Hit Highest Rate In 3 Years In May

Inflation rose to its highest annual rate in three years in May, as surging oil costs once again fueled broader price increases amid a persistent conflict in the Middle East, according to federal data...

10 Jun 3min

OpenAI Has Filed Paperwork To Go Public

OpenAI Has Filed Paperwork To Go Public

OpenAI has confidentially filed an S-1 form for an initial public offering, the company said in a brief statement on Monday, about one week after artificial intelligence rival Anthropic did the same a...

9 Jun 3min

Elon Musk Boosts Unsubstantiated Claims About LA Mayor Election As Spencer Pratt Drops To Third

Elon Musk Boosts Unsubstantiated Claims About LA Mayor Election As Spencer Pratt Drops To Third

Elon Musk early on Monday boosted unsubstantiated claims questioning the results of the primary elections in California, focusing specifically on the Los Angeles Mayoral primary, as the progressive De...

8 Jun 4min

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