Episode 1484: Think Tank: Renewed Middle East conflict deepens chemical market uncertainty

Episode 1484: Think Tank: Renewed Middle East conflict deepens chemical market uncertainty

July 21, 2026 · 26 min · Episode 1484

About this episode

The episode discusses the impact of escalating Middle East tensions and weak consumer demand on global energy and chemical markets.

Escalating Middle East tensions and weak consumer demand are creating new risks for global energy and chemical markets. Oil prices rise towards $90/barrel Strait of Hormuz disruption hits energy flows again Bab el Mandeb Strait blockade risk grows, threatening access to the Red Sea and Suez Canal European gas stocks remain vulnerable Rhine low water disrupts logistics Chemical supply chains face pressure in Europe Demand weakness limits market reaction Smartphone sales fall sharply Rising costs drive demand destruction In this ICIS Think Tank podcast, Will Beacham interviews ICIS Insight Editor Tom Brown and Paul Hodges, chairman of New Normal Consulting.

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