Fitch expects the global oil and gas market to again move into a supply surplus in Q4 2026, which will push prices lower.

2026-06-08

Fitch expects the global oil and gas market to again move into a supply surplus in Q4 2026, which will push prices lower.

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2026-06-08

Supply fallout from the Middle East conflict has knocked out roughly 70% of global PPE (polyphenylene ether) resin output centered in Saudi Arabia’s Jubail industrial zone; plants halted from late March after shipping through the Strait of Hormuz was impeded. PPE resin is a key input for printed circuit boards used in smartphones, laptops, routers and AI servers; Goldman Sachs says PCB prices rose as much as 40% in April versus March. If resin shortages persist into autumn, consumer electronics

2026-06-08

TASNIM NEWS reported Iran's Islamic Revolutionary Guard Corps said it fired missiles at a petrochemical plant in Haifa in response to an Israeli strike on a petrochemical facility.