German chemicals giant BASF raises profit guidance after Iran war price hikes
AI Summary
BASF raised its 2026 profit outlook for the second time this year after increasing prices for some products. The company cited price hikes following the outbreak of the Iran war.
German chemicals giant BASF raised its 2026 outlook for the second time this year on Wednesday after raising prices for some products following the outbreak of the Iran war.
World Conflict Markets Commodities BASF profit guidance chemical industry price increases Iran war 2026 outlook