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Iran Halts Petrochemical Exports Until Further Notice
- On Monday, the National Petrochemical Company halted all petrochemical exports indefinitely, citing the need to stabilize domestic markets following recent infrastructure damage.
- Israeli airstrikes on April 6 targeted production hubs in Asaluyeh and Mahshahr, including the South Pars gas field, severely disrupting feedstock supplies for petrochemical plants.
- The petrochemical sector, Iran's largest source of non-oil revenue, exports about 29 million tons of products annually, generating about $13 billion.
- Officials stated the suspension aims to stabilize domestic markets and maintain pre-conflict pricing for essential chemicals like ethylene and methanol for local consumers.
- This export halt occurs amid the ongoing US-led blockade of Iranian ports and fragile ceasefire negotiations, as the administration attempts to pressure Tehran into a peace deal.
14 Articles
14 Articles
Iran Suspends Petrochemical Exports to Avoid Domestic Shortages
Iran has suspended all its petrochemical exports to ensure domestic supply amid reduced local availability following Israeli strikes early this month. The Islamic Republic is halting all exports to prevent a supply crunch for its domestic industries and raw materials, local economic newspaper Donya-e-Eqtesad reported on Thursday. A senior official at the National Petrochemical Company issued the order earlier this week, the Iranian media report.…
The decision was made because of US and Israeli attacks on petrochemical plants.
According to a document published by Iranian media, according to officials in the petrochemical industry, in support of domestic industries and consumers, against the backdrop of war-induced repercussions and economic pressures. According to the official directive, prices for the sale of petroleum, refining, and petrochemical products within the country have been stabilized at levels prior to 28 February 2026, despite a marked rise in world pric…
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