Iran Attacks Middle East Aluminum Producers
Analysis based on 6 articles · First reported Mar 28, 2026 · Last updated Mar 30, 2026
The Iranian attacks on Emirates Global Aluminium and Aluminium have significantly disrupted the global aluminum supply chain, leading to rising Aluminium prices and tighter markets. The effective closure of the Strait of Hormuz further exacerbates export challenges for Middle Eastern commodity producers, with Goldman Sachs Group indicating that higher commodity prices will weigh on global economies.
On March 28, Iran launched missile and drone attacks targeting aluminum producers in the Middle East. Emirates Global Aluminium's Al Taweelah smelter in Abu Dhabi sustained significant damage, injuring several employees, while Aluminium is assessing damage to its facility. These attacks are part of a broader series of Iranian strikes on Gulf countries amidst a war initiated by Israel and the United States against Iran. The conflict has also led to the effective closure of the Strait of Hormuz, preventing commodity exports from the region. The Middle East accounts for approximately 9% of global Aluminium supply, and these disruptions have caused Aluminium prices to rise, impacting global economies.
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