Dow, LyondonBasell Stock Gets Boost From Iran Fallout -- WSJ

Dow Jones03-12

By Alexander Osipovich

Big chemical companies with production on the U.S. Gulf Coast are among the stock-market winners from the conflict in the Middle East, benefiting from disruptions to global supply chains.

Analysts at Citi advised buying stock in Dow $(DOW)$ and LyondonBasell Industries $(LYB)$ in a note on Thursday, an upgrade from the bank's earlier recommendation to stay neutral. Shares of the two companies have climbed 12% and 17% so far this month, respectively, and both advanced more than 2.5% in premarket trading.

Both companies make chemicals derived from oil and natural gas and used in plastics manufacturing. The fighting in the Middle East has threatened the region's exports of petrochemicals, along with its better-known impact on the oil market. Dow and LyondonBasell are poised to benefit from wider profit margins as the conflict continues, Citi said.

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March 12, 2026 07:32 ET (11:32 GMT)

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