Petrochemicals
Naphtha Surges to $1,000: The Petrochemical Crisis of 2026 Explained
The global petrochemical industry is reeling this week as naphtha prices in Singapore breached the psychological $1,000 per metric ton mark, a level not seen in years. This explosive price action, triggered by a sudden and severe escalation of hostilities in the Middle East, has sent shockwaves through the