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Rising Oil Prices Threaten Southeast Asia's Ingredient Costs

3/13/2026

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Story summary
  • Suppliers warn ingredient prices could rise by up to 30% as oil prices climb tied to the Iran war.
  • Roy Chan, a Singapore pizza shop owner, notes he has faced disruptions like the Covid-19 pandemic.
  • Delivery providers have not yet raised prices but may do so soon.
  • Small and medium-sized enterprises in Southeast Asia expect higher operating costs as fuel prices rise, affecting freight and logistics.