
Hormuz Crisis Week 4: Oil Corrects Below $100, Iran Opens Strait to 'Friendly Nations,' but Polymer Prices Keep Climbing
Brent crude corrected 23% from its $126 peak to below $100, yet Dow doubled its April PE hike to $0.30/lb and global polymer prices keep surging 35–70%. Iran opened the Strait of Hormuz to India, China, and Russia as “friendly nations,” creating a two-tier blockade with divergent outcomes for polymer buyers worldwide. This Week 4 analysis covers the oil-polymer divergence, region-by-region price data, and a 6-point buyer action plan.










