Iran says that Israeli strikes have damaged its Karoon Petrochemical complex
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Iran reports that Israeli strikes have damaged its Karoon Petrochemical complex in the Mahshahr zone. This escalation complicates potential US-Iran negotiations. While Iran is the sole regional producer of toluene diisocyanate (TDI), affecting Middle Eastern domestic markets, its global export share is under 2%, limiting broader supply chain impacts. The incident signals a significant escalation in regional tensions with Iran responding in kind.
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