LyondellBasell Industries NV Class A

LYB: XNYS (USA)
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Chemicals: We Expect Near-Term Prices Remain Above Pre-Conflict Levels Despite Ceasefire Agreement

The US and Iran agreed to a two-week ceasefire as part of a broader negotiation to end the conflict, which included Iran reopening the Strait of Hormuz to shipping traffic. US chemicals stocks Celanese, Dow, Eastman, and LyondellBasell were down 1% to 12% at the time of writing.

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