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Dow Inc. and Lyondell Stocks Plunge. Why Iran Could Spark a Brutal Chemicals Selloff.
Commodity chemical stocks, including Dow Inc. and Lyondell, have seen a recent surge but their fortunes appear to be changing. This shift comes after a two-week ceasefire agreement between the U.S. and Iran, contingent on Iran reopening the Strait of Hormuz, which could potentially lead to a significant selloff in the chemicals sector.