Hormuz Strait blockade disrupts not only oil and gas supply, it also puts the entire petrochemical industry in disarray. Many petrochemical products are transported out of the Middle East to serve value chains in other regions. This report quantifies the impact for benzene, cyclohexane and phenol supply in Q2 2026 using scenario analysis across four key regions: China, Asia outside of China (Rest-of-Asia), EU27 and the USA.
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