Israel’s Iran War Backfires; Global Tech Costs Start Climbing

About this episode

The episode discusses the repercussions of Israel's war on Iran and its impact on global technology costs.

Israel’s war has not just hit Iran; it has put a surcharge on the boards, chips and gadgets its own tech economy needs as well as everyone else. Right, so Iran hit Saudi Arabia’s Jubail petrochemical complex on 7 April, after Iran’s own petrochemical plants at Asaluyeh, tied to the South Pars gas field, had already been hit in strikes from Israel. Iran’s Revolutionary Guards described Jubail as retaliation, so this was not Iran randomly waking up one morning and deciding to make laptops and the like more expensive for a laugh, though I’ll get onto that point in a moment. Jubail is part of the Gulf’s industrial plumbing, where Saudi petrochemicals, Western-linked supply chains, energy infrastructure and global manufacturing all meet, and that is why the consequences, the knock on effects of that strike has taken a few weeks to become clear. Production of a specialist resin used in printed circuit board laminates, PCB’s, has been disrupted, SABIC’s Jubail-linked supply has been put under pressure, and the price of those boards has jumped by as much as 40 per cent in a single month. So Israel’s war is no longer sitting neatly inside the nice little box marked missiles, oil tankers…

People in this episode

Host: Damien Willey

Topics covered

• Israel-Iran conflict
• global tech economy
• supply chain disruption
• petrochemical industry
• circuit board production

Keywords

• Israel
• Iran
• Saudi Arabia
• Jubail
• circuit boards
• tech economy
• supply chain
• petrochemicals

Mentioned in this episode

Organizations: Israel, Iran, Saudi Arabia, SABIC

Places: Jubail, South Pars

More episodes of Kernow Damo

• Belfast Homes Burned. Britain Could Be Next · June 11, 2026 · 16 min
• IDF Get Shown Up Hilariously - And It Took Just One Man! · June 11, 2026 · 20 min
• Trump Struck Iran… Then Panic Took Over · June 10, 2026 · 19 min
• Netanyahu Wanted Wider War; Houthis Shatter His Containment Plans · June 10, 2026 · 17 min
• Iran Hammers Israel; Netanyahu Gets Trapped At Gaza’s Aid Gate · June 8, 2026 · 16 min
• Israel Hit Beirut; Iran Put Its Airbases On The Menu · June 8, 2026 · 20 min