Persian Gulf’s Aluminum Prospects Clouded by War, Says Goldman

War in the Persian Gulf has clouded its prospects as an important source of additional aluminum supply in coming years, according to Goldman Sachs Group Inc.

The region already accounts for a fifth of global production outside China, and was expected to see more capacity additions in coming years. The supply disruptions triggered by the conflict — including the halt of a major plant struck by Iran’s military — have complicated that expansion, Goldman’s co-head of China equities Trina Chen said in a Bloomberg TV interview.