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Rising Oil Prices Threaten Lego's 2026 Growth Plans

3/10/2026

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Story summary
  • The Lego Group's CEO said March 10, 2026, that energy and material costs will rise due to oil prices.
  • Brent crude has risen 65% since U.S. and Israel bombed Iran on Feb. 28.
  • The Lego Group grew in all regions in 2025 and plans U.S. plant in Virginia for 2027.
  • The Lego Group will manage tariffs imposed by U.S. President Donald Trump and seek high single-digit revenue growth in 2026.