metalsmarket
On Saturday, 13 April, Iran unleashed a barrage of 300 aerial drones and missiles toward Israel in a retaliatory move. While Israeli defences, bolstered by support from the US, UK, and European allies, reportedly neutralised 99% of the threats, the incident has sparked concerns of escalating tensions in the volatile Middle East. Following the attack, the White House clearly opposed any Israeli retaliatory strikes against Iran, aiming to prevent further escalation into a regional war. Yet, the Israeli war cabinet remains divided on how and when to respond, a situation that adds layers of uncert...
Euronews (English)
Aluminium prices rocketed to a record level following the UK and the US's decision to ban the trade of Russian metals to "prevent the Kremlin funnelling more cash into its war machine". At one stage in early morning trading, aluminium was up more than 9% on the London Metal Exchange (LME), the biggest rise seen since trading started in 1987. Nickel prices also rose, at one stage gaining more than 8%. Both metal prices later fell back. Hopes ban will tighten Russia's purse for war financingThe UK and US took the decision at the weekend to put sanctions in place against Russia on new production ...
Euronews (English)
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