How Does the Israeli - Hamas War Affect Pharma and Drug Pricing? - Beyond The Pill with Dr. Will

As you may know, the Israeli-Hamas war has escalated recently, with Israel sending ground troops into Gaza. This raises the possibility of a wider regional conflict, especially if Iran gets directly involved. Iran controls the Strait of Hormuz, which is the world’s most important oil transit chokepoint. Any disruption in oil exports from this area could lead to higher crude oil costs.
Why does this matter for us? Because many pharmaceutical products rely heavily on petroleum as a resource. Higher oil prices could translate into higher production and transportation costs for drugs, which could then affect the prices that consumers pay. This could make it harder for many patients to access the medications they need, especially with other healthcare system issues such as #priorauthorization already causing care delays in the U.S.