Commodities
US-Iran Conflict Weighs on Copper Market Sentiment
Copper prices have held steady after escalating tensions between the US and Iran in the Middle East added uncertainty to global markets.
The conflict led to a rise in oil prices, renewed inflation concerns, and dampened demand outlook for industrial metals like copper.
According to traders, the resulting volatility has weighed on sentiment in the copper market, leaving traders to assess near-term risk and supply chain stability.