The ongoing closure of the Strait of Hormuz is driving up commodity and freight costs, forcing companies to raise prices on everyday goods.

Key players such as Samuel Adams brewer Boston Beer, Sherwin‑Williams, International Paper, and Unilever—maker of Dove soap and Hellmann’s mayonnaise—have announced or slated price increases to offset their higher input costs.

Investors welcomed the moves, pushing shares of manufacturers, materials producers，她 and consumer staples higher and giving the broader market a lift amid a slide in tech stocks that had been buoyed by data‑center spending.

However, the price hikes on items like beer, paint, and fries raise concerns about a new wave of inflation that could complicate the path of interest rates and become a significant factor in this autumn’s mid‑term elections.