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Iran Conflict Sends Oil Prices Higher. Dow and LyondellBasell Stocks Are Worth Watching.
The ongoing conflict in Iran is causing oil prices to rise, which could lead to increased volatility in commodity chemicals derived from oil and natural gas. This situation may benefit companies like Dow Inc. and LyondellBasell Industries, as they could see widening oil and natural-gas spreads. Investors are advised to watch these chemical stocks closely.