How the Middle East conflict is affecting metals markets
From woodmac.com
The US and Israel have launched coordinated strikes against Iran in the most consequential escalation of tensions in the Middle East in more than a decade. The attacks have resulted in the deaths of Iran’s Supreme Leader, Ayatollah Ali Khamenei, several senior officials and numerous civilians. Tehran has retaliated with a series of missile and drone attacks on Israel and US military installations across the Gulf Cooperation Council (GCC) states. It has also closed the Strait of Hormuz, one of the world’s most important maritime shipping routes. Drawing on insights from the Wood Mackenzie Lens Metals & Mining ...
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