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The Economic Times

Economy / The Economic Times

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Asian refineries, petrochemical firms cut runs as Iran war disrupts supplies

Global energy markets face disruption. Asian refineries and petrochemical firms are cutting operations. This follows a U.S.-Israeli conflict impacting Middle East exports. Companies are shutting units and declaring force majeure. Feedstock supplies are severely affected. This situation is creating significant challenges for the industry.

16 Mar 2026 10:55 am