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This Week: Iran, Oil and Fashion’s Latest Supply Chain Crisis

The war has driven the price of crude to a two-year high. Where it heads next will have major implications for the industry.

Cargo ship — A spike in fuel prices instantly forces some consumers to cut spending in other categories and can crush already weak sentiment. (Pexels)

By

Brian Baskin

08 March 2026

BoF PROFESSIONAL

Before I started covering fashion, I was an oil reporter. I’ve rarely had the opportunity to use that knowledge in my current role, but these days I’m certainly not the only one obsessively checking the price of Brent crude futures and brushing up on the precise definition of

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About the author

Brian Baskin

Brian Baskin is Executive Editor at The Business of Fashion. He is based in New York and oversees BoF's beauty, retail, direct-to-consumer, technology, marketing and workplace verticals.

In This Article

Topics

Global Markets

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Supply Chain

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