German chemical giant BASF has increased its earnings forecast for 2026, citing recent price hikes for certain products amid market disruptions linked to the conflict in Iran. The company now projects its earnings before interest, taxes, depreciation, and amortization (EBITDA) to range between €6.9 billion (£5.8 billion) and €7.7 billion for the year.

The revised forecast marks an upward adjustment from previous estimates, reflecting BASF’s strategic response to supply chain challenges and elevated raw material costs triggered by the ongoing instability in the Middle East. Industry analysts note that such geopolitical tensions often lead to volatility in commodity prices, prompting manufacturers like BASF to adjust their pricing structures accordingly.

BASF did not specify which of its products experienced price increases but indicated that the adjustments aim to offset increased input costs and maintain profitability in a complex economic environment. The Iran conflict, which escalated earlier this year, has disrupted energy markets and trade routes, affecting operations for many global chemical producers.

The company’s decision to raise prices and revise earnings expectations underscores how geopolitical events continue to influence corporate financial forecasts and market strategies. BASF’s updated outlook will be closely watched by investors and industry observers as the firm navigates a landscape marked by uncertainty and ongoing supply chain constraints.