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The attack on Saudi oil tankers in the Strait of Hormuz is a geopolitical event that could disrupt crude oil supply and drive up global oil prices. For the textile industry, this is a critical signal as oil is the primary feedstock for synthetic fibers like polyester. Higher oil prices will likely translate into rising costs for PX, PTA, and polyester, squeezing margins for textile manufacturers. Additionally, elevated geopolitical risk may increase shipping insurance and freight costs, affecting trade flows and supply chain reliability. In the short term, textile companies should closely moni
※ Opinion by KEFINE Insight