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EconomyGulf cost advantage keeps chemical buyers despite Hormuz risks

Chemical buyers are unlikely to permanently move away from Middle Eastern suppliers despite shipment disruptions through the Strait of Hormuz, analysts say, because the region’s competitive prices and production scale are hard to match.

chemical tradeMiddle EastStrait of Hormuz

RReuters★★★☆☆2026-10-15 15:40Original

Gulf cost advantage keeps chemical buyers despite Hormuz risks
Gulf cost advantage keeps chemical buyers despite Hormuz risksEconomy