Middle East situation disrupts costs and supply chains, Abel: Berkshire addresses with a long-term perspective.

date
03/05/2026
Abel stated that the conflict in the Middle East has various impacts on Berkshire's subsidiaries, but the company operates with a long-term perspective and prioritizes customer needs and business continuity. The short-term increase in raw material and energy costs, especially a substantial rise in input costs for the chemical business, has put pressure on quarterly profits, but the company is mitigating the impact through contract pricing and time re-balancing. While direct sales of certain products to the Middle East market are limited, supply chain and logistics adjustments are being made to ensure deliveries. He emphasized the importance of employee safety and long-term operations, stating that assets will not be put at risk for short-term gains, and the team will focus on finding solutions for customers and overcoming challenges.