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P&G warns of $1 billion profit hit from higher oil prices

visibility comment0 event April 24, 2026 timer 16:32

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US consumer goods giant Procter & Gamble warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging oil prices, joining a host of global companies flagging significant cost pressures from the Iran war.
#energy #oil #business #p&g #News #Reuters #Newsfeed

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