Iran has suspended all petrochemical exports until further notice in a move aimed at prioritising domestic demand and preventing shortages of raw materials, according to media reports on Thursday.

The decision, reported by the economic newspaper Donya-e-Eqtesad, follows disruptions to production after recent Israeli strikes on several key petrochemical facilities.

Citing industry officials, the report said the instruction was issued on April 13 by a senior National Petrochemical Company official overseeing downstream operations, directing firms to temporarily halt exports.

The measure is intended to stabilise domestic supply chains and ensure sufficient feedstock for local industries after damage to infrastructure in major production zones.

Petrochemical hubs in Asaluyeh and Mahshahr were among those affected, with strikes reportedly hitting utilities that supply feedstock to processing plants and disrupting output.

Despite increasing international prices, domestic petrochemical product rates were kept at pre-conflict levels to support local industries and consumers during the ongoing crisis period.

The export suspension comes amid broader regional tensions, including US military moves this week to restrict shipping traffic in and out of Iranian ports as part of efforts to increase economic pressure on Tehran.

According to Fars News, Iran produces around 29 million tons of petrochemical products annually, valued at approximately $13 billion in exports.