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Danone CEO Warns Conflict Will Drive Price Hikes

4/7/2026

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Story summary
  • Antoine de Saint-Affrique, Danone CEO, warned the conflict may force price hikes.
  • He noted that nobody knows when the war will stop, showing uncertainty about its duration.
  • The war has disrupted global supply chains and driven inflation in food and goods.
  • Georgieva of the IMF said a quick resolution would raise inflation.
  • The United States has set a deadline for Iran to reopen the Strait of Hormuz.