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Iran Freezes $13 Billion Petrochemical Exports Following Airstrikes on Key Facilities

Iran Freezes $13 Billion Petrochemical Exports Following Airstrikes on Key Facilities

Tehran, Friday, 17 April 2026.
Iran has indefinitely suspended its $13 billion petrochemical export industry after strikes damaged key facilities, a move threatening to disrupt global manufacturing and increase raw material costs.