Iran has imposed an immediate ban on the export of petrochemical products following production disruptions caused by attacks on energy facilities.
According to local media, the primary aim of this move is to meet domestic demand and prevent shortages of raw materials.
According to the Iranian newspaper Dunya-e-Eqtesad, a senior official of the National Petrochemical Company has directed all petrochemical firms to suspend exports until further notice.
The report says that the restriction is intended to stabilize local markets and ensure a steady supply of raw materials to industries after the recent damage caused by the attacks.
Despite rising prices in the global market, domestic prices of petrochemical and related products have been maintained at pre-war levels. Authorities say these measures will continue to provide relief to local industries and consumers.
It is worth noting that in recent weeks, Israel targeted key petrochemical production hubs in Asaluyeh and Mahshahr, affecting utility companies that supply feedstock to petrochemical plants and causing severe disruptions in production.
According to the Iranian news agency Fars, Iran exports approximately 29 million tons of petrochemical products annually, valued at around $13 billion.
