‘Plastic shock’ hits Asia as Iran oil crisis strangles supplies
Shortage of petrochemical inputs drives up prices of packaging for food and medical products
Shortage of petrochemical inputs drives up prices of packaging for food and medical products

Japan and South Korea exposed to shortages of key component for plastics

Iran war leads to shortage of petrochemical feedstock naphtha, prompting plastic makers to hunt for cheaper alternative

Some of the world’s biggest fuel importers rush to secure oil and gas supplies as Middle East conflict chokes flow

Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers

Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy

Production crunch threatens to worsen regional shortages of jet fuel and diesel