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Hands holding plastic granules with a computer screen in the background, showcasing 3D printing materials.

Strikes on petrochemical hubs leave Iran short of plastics

ran is facing severe shortages of key petrochemical products after recent strikes on its main production hubs, according to two informed sources inside the country. Earlier this month, Israel targeted facilities in Mahshahr and Asaluyeh, Iran’s two principal petrochemical centers, which together account for roughly three-quarters of the country’s output. According to commercial sources who […]

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Iran Under Pressure as War Exposes Deep Industrial Damage

With a tentative ceasefire expiring and an incomplete lifting of Iran’s blockade of the Strait of Hormuz, the central question now is whether Iran will receive meaningful relief—particularly in the form of sanctions easing—or whether the United States will tie the lifting of sanctions to conditions such as curbs on regional activities or missile capabilities.

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Large industrial pipeline traversing through a green forest in Geesthacht, Germany.

Renewed focus on Caspian energy transit amid the Iran war

Turkey’s energy minister has emphasized the need to launch the second phase of the “Southern Gas Corridor” pipeline to double Azerbaijan’s gas exports to Europe. The pipeline, which became operational about seven years ago, currently transports 16 billion cubic meters (bcm) of Azerbaijani gas annually to Turkey and Europe. However, with only a few billion

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The Iran War’s Damage to Global Aviation

Since the United States and Israel launched their campaign against the Islamic Republic, Iran has delivered a severe shock to global aviation, particularly in the Middle East. Normal conditions will not soon return. The current crisis goes beyond flight cancellations or air transport costs. By disrupting the Strait of Hormuz—one of the main transit routes

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US blockade targets Iran oil boom amid regional disruption

The United States moved to impose a naval blockade on Iran just as the country’s oil exports were surging to their highest levels in years, underscoring Washington’s effort to halt a wartime boom in Tehran’s energy revenues. The move followed the collapse of negotiations in Pakistan and comes amid a war that has disrupted much

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Ban on Petrochemical Exports Following Shutdown of Three-Quarters of Iran’s Production Capacity

Iran’s National Petrochemical Company has announced a blanket ban on the export of “all petrochemical products” until further notice. The stated aim of the decision is to “stabilize the domestic market and prevent shortages of feedstock and raw materials.” During the recent 39-day war, Israel carried out extensive strikes on Iran’s petrochemical facilities, particularly in

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Iran’s Petrochemical Sector Faces Fresh Strain After Israeli Strikes

Israel’s recent strikes on Iran’s southern petrochemical infrastructure have raised concerns over potential disruptions to one of the country’s key sources of export revenue, underscoring the strategic vulnerability of its energy sector. In recent days, Israel hastargeted at least eight large petrochemical facilities in Mahshahr, a major industrial zone in Khuzestan province, before extending its attacks

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Stunning view of Dubai's skyline and waterfront during golden hour with glowing skyscrapers reflecting on the water.

War tests Iran’s Dubai trade lifeline

The war pitting the United States and Israel against Iran is being fought across airspace and shipping lanes, but one of its most consequential economic effects may be unfolding elsewhere: the fragile commercial relationship between Tehran and the United Arab Emirates. A series of recent economic measures taken by the UAE following Iranian attacks on

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Iran’s Heavy Economic Toll on Gulf Arab States

The Strait of Hormuz disruption, combined with targeted attacks on oil and gas infrastructure across the Persian Gulf, has placed regional economies under strain, raising the prospect of prolonged economic damage. Early estimates suggest that the loss of two of Qatar’s fourteen liquified natural gas trains has wiped out around 17 percent of the country’s annual liquefied

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