Naphtha

Impact: Naphtha, a petroleum-derived material used in printing ink and plastics, is experiencing supply shortages and a 60% price increase due to the Iran war.

Impact: Naphtha is the highly combustible and flammable hydrocarbon that was being carried in the pipeline, fueling the fire and making it difficult to extinguish. Its presence is central to the cause and severity of the incident.

Impact: Naphtha supplies are affected by the conflict, leading South Korea to seek additional sources due to the blocking of the Strait of Hormuz by Iran.

Impact: Naphtha, a key feedstock for plastics, is a petroleum product whose supply is increasingly tight in Southeast Asian countries, prompting Japan's support.