German Chemical Industry Warns of Supply-Chain Hit From Middle East War

A view of German chemical company BASF AG's factory in Duesseldorf, Germany. - christopher neundorf/Agence France-Presse/Getty Images Germany’s chemical industry is experiencing early signs of supply-chain disruptions from the war in the Middle East, with risks spreading beyond oil and natural gas to other raw materials, the country’s industry trade group said. The business group, known as VCI, on Friday said the conflict in Iran and the blockade of the Strait of Hormuz are raising concerns about supply ...