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Qatar, Kuwait Halt Naphtha; Japan Faces Ink Shortage

5/24/2026

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Story summary
  • Qatar and Kuwait halted naphtha exports after a months-long blockade of the Strait of Hormuz, creating shortages in Japan and South Korea.
  • The blockade also stopped crude shipments that refineries need to produce naphtha for plastic wrap, inks and medical devices.
  • Japanese consumer-goods firms are stripping colors from food-packaging inks to conserve naphtha.
  • Both countries are seeking alternative supplies before June, as experts warn the shortage could hit manufacturing.