Dow (DOW) and Exxon (XOM) raise plastic prices as Iran war lifts oil market, according to Bloomberg

The increase in plastic prices by Dow and Exxon, driven by the conflict in Iran, highlights how geopolitical tensions can ripple through supply chains and impact commodity markets.

Newsquawk StaffPublished 14 Apr 2026, 16:51 UTCOn the live feed at 16:31 UTC — 6 more headlines followed before this page went public

Newsquawk headlinesUTC

16:39

Microsoft (MSFT) plans to take over Norway AI capacity planned for OpenAI and will rent additional data center space from Nscale

16:32

Fed's Goolsbee (2027 voter) says so far, consumer just keeps chugging along

16:31

Dow (DOW) and Exxon (XOM) raise plastic prices as Iran war lifts oil market, according to Bloomberg

16:27

The federal government's planned fuel discount of 17 cents per litre for gasoline and diesel will create a billion-euro hole in the tax budget, according to WELT citing the draft law for the temporary reduction of energy tax on fuels

16:19

ECB's Makhlouf says they are focused on delivering the inflation target; if shock takes inflation off target but not persistently, ECB should be measured in response

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Context

As oil markets react to this instability, watch for potential shifts in energy prices and the broader implications for inflation and related equities sectors. This situation suggests a likely long-term adjustment in pricing structures due to sustained geopolitical risks.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/8 Sept · 11:48 UTC

AstraZeneca (AZN LN) says Phase III tozorakimab data in COPD showed a 29%-34% reduction in exacerbations.

Market, after we published+1.0%

EQUITIES/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Equity indices, after we published−0.1%

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