Base Metals Slip Amid Iran Tensions and Oil-Driven Inflation Fears

6 articles · Updated · Bloomberg · Apr 24

Base metals, including copper, fell this week as ongoing uncertainty over US-Iran relations and Middle East tensions weighed on global markets.
The Strait of Hormuz remains blocked, driving oil prices higher for a fifth consecutive day and fueling inflation concerns worldwide.
Persistent shipping disruptions and elevated oil prices are increasing expectations of prolonged high interest rates, pressuring metals and gold markets further.

Gold is defying rising interest rates. Is geopolitical fear the new dominant driver for investors?

Are emergency reserves enough to survive the six-month Hormuz closure predicted by the Pentagon?

Beyond oil, could a fertilizer shortage from Hormuz trigger a global food security crisis?

As military actions escalate, what diplomatic off-ramps exist for the US and Iran to avoid war?

With 80% of Hormuz oil bound for Asia, how will the continent power its economies now?

With Qatar's LNG offline, which nations face an imminent energy crisis this winter?