Mideast war weighs on Reckitt Benckiser — up to £150m hit
Soaring oil prices from the Middle East war may cost Reckitt Benckiser up to £150 million, the maker of Durex condoms said.
Reckitt Benckiser, the British supplier of health and hygiene products including Durex condoms, said Wednesday that soaring oil prices caused by the Middle East war could cost it up to £150 million ($203 million). The company identified the surge in energy costs as the primary factor behind the expected financial hit.