Aluminum
Geopolitics
Macro
Aluminum Scarcity Exposes Japan’s Supply Chain Vulnerability as Iran Conflict Destroys Gulf Smelters
Japanese manufacturers face acute shortages as Middle Eastern aluminum capacity collapses, revealing supply-chain fragmentation beyond energy disruptions.
Energy
Geopolitics
Toyota’s Aluminum Warning Exposes Gulf Chokepoint in EV Supply Chain
Iranian strikes on UAE and Bahrain smelters reveal 70% dependency that threatens the green transition's geopolitical logic.