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This news about escalating wars in Ukraine and Iran and high-level diplomatic meetings, while not directly related to textiles, could indirectly impact the industry through heightened geopolitical uncertainty. Potential disruptions to energy markets may raise oil prices, increasing costs for synthetic fibers. Additionally, prolonged conflicts could alter global trade routes and demand patterns, affecting textile exports to conflict-affected regions. However, the direct near-term impact on the textile sector is limited unless specific trade restrictions or sanctions emerge.
※ Opinion by KEFINE Insight