Supply chain disruptions caused by the Iran war are spreading beyond oil markets into global food and chemical industries, according to media reports.

Supply chain disruptions caused by the Iran war are spreading beyond oil markets into global food and chemical industries, according to media reports.

Evonik on Tuesday said it is increasing its prices by 15% effective immediately for its amino and keto acid products due to rising energy, raw material and shipping expenses…

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.