Mercuria’s first-half profit rose 88%, putting the commodity trader on course for one of its strongest full-year performances.
The surge was driven by commodity shocks, with the Hormuz crisis creating unusually large trading opportunities across disrupted energy and raw-material markets.
Mercuria does not publicly report its results, but the figures add to evidence that major commodity houses are again reaping outsized profits from global supply disruptions.
The latest windfall underscores how turmoil spanning oil, gas and metals is reviving the boom conditions traders saw during earlier resource shocks.