From soft toys to bandages, Iran war may drive up cost of petroleum-derived goods

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NEW YORK (AP) — It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins, and Wobblies, but even plush playthings are not immune when oil shipments from the Middle East are constrained. Like many soft toys, the creatures developed by a manufacturer in Fort Lauderdale, Florida, are made with polyester and acrylic, synthetic fibers derived from petroleum. Three weeks after the war started, suppliers in China notified Aleni Brands that getting the materials already was costing them 10 percent to 15% more, CEO Ricardo Venegas said. “I think this situation demonstrates…

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