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Copper spikes higher after Trump postpones military strikes on Iranian power plants
Copper prices jumped on Monday after U.S. President Donald Trump said he will order the U.S. military to postpone any military strikes against Iranian power plants and energy infrastructure. Benchmark copper on the London Metal Exchange was up 1.7% at $12,132 a metric ton at 1127 GMT. It had hit a three-month low at $11,700 a ton after Iran said it would attack Israel’s power plants and those supplying U.S. bases across the Gulf region if Donald Trump carries out his threat to “obliterate” Iran’s power network. Traders said a relief rally was propelling industrial metal prices higher as was the softer U.S. ... (full story)
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U.S. President Donald Trump on Monday said he would order the military to postpone strikes on Irans power plants and energy infrastructure for five days following productive dialogue regarding total resolution of hostilities in the Middle East. Trump said in a post on his Truth Social platform that the U.S. and Iran had VERY GOOD AND PRODUCTIVE ...
TRUMP SAYS VERY GOOD DISCUSSIONS WITH IRAN || REITERATES ENERGY STRIKES WERE POSTPONED TEMPORARILY || THIS TIME, IRAN MEANS BUSINESS TRUMP: THEY WANT TO SETTLE U.S PRESIDENT TRUMP SAYS WE'VE ELIMINATED EVERYTHING THERE IS TO ELIMINATE IN IRAN INCLUDING LEADERS TRUMP: IRAN HAS ONE MORE OPPORTUNITY TO END THREATS TO AMERICA || WORLD WILL BE MUCH SAFER SOON