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S. Korea to ban hoarding of petrochemical feedstocks amid Middle East tensions
April 14, 2026
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South Korea will ban hoarding of key petrochemical feedstocks and products starting Wednesday, the government said, as the Iran war raises the risk of further supply disruptions. The industry and finance ministries said in a joint statement Tuesday that they will issue and enforce the ban from midnight. Supply disruptions are already starting to hit parts of the petrochemical market, as rising naphtha prices driven by Middle East tensions push up costs, squeeze production and heighten worries ab
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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