瑞银展望伊朗局势对中国石化行业影响：霍尔木兹海峡是核心变量，两桶油成核心标的

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随着美以伊“三国杀”的继续，全球地缘政治风险不断升级，能源化工市场也迎来剧烈波动。瑞银全球研究部3月2日发布一份专项研究报告，以霍尔木兹海峡航运风险为核心切入点，深入剖析了伊朗局势对中国石油化工行业的传导路径、品类影响。瑞银认为，伊朗局势对中国石油化工行业构成多维度影响，主要体现在原油供应端扰动与化工品进出口关联两大方向。从板块受益逻辑来看，油价上行对油气上游企业形成直接利好，中国石油A/H股、...

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