Danone CEO says Iran war may lead to higher food prices

Tue, 07 Apr 2026 08:58:54 -0400

Investing.com -- Danone CEO Antoine de Saint-Affrique told CNBC that inflationary pressure from the Iran war may lead to higher food prices as the outlook for conflict in the Middle East remains highly uncertain.

When asked if the company would raise prices, de Saint-Affrique said "we are not there yet."

"Nobody knows when [the war] is going to stop, and depending how the next two to four weeks are going to evolve, the outcome from a macroeconomic standpoint, is going to be very, very different," he told CNBC's Charlotte Reed.

The conflict in the Middle East has now entered its sixth week, with

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Danone CEO says Iran war may lead to higher food prices