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WD-40 Grapples With Sourcing Pressures as Iran Conflict Roils Supply Chains

WD-40 Company reported dramatic sourcing cost increases in the second quarter, citing strain from the escalating Iran conflict. The maintenance products manufacturer faces elevated expenses for critical materials as regional tensions persist. Broader economic pressures compound challenges for shippers and manufacturers alike. Annual inflation has slowed sharply, but geopolitical friction threatens to reverse gains through energy cost spikes. Ocean carriers including Hapag-Lloyd and OOCL have upgraded forecasts, signaling optimism about elevated freight rates. Shipping lines expect continued disruptions from geopolitical hotspots. Manufacturers like WD-40 face dual challenges: absorbing increased transportation costs and managing sourcing volatility across global procurement networks.