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Aluminium lurches to four-year high on renewed supply fears from Iran war
Aluminium prices jumped to their strongest in four years on Monday after Washington said it would impose a maritime blockade of Iran, reviving fears about weaker supply from top producers in the Gulf. Benchmark three-month aluminium on the London Metal Exchange gained 1.7% to $3,558 a metric ton by 0930 GMT after touching $3,578, its highest since March 31, 2022. The U.S. military said it will begin a blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday at 1000 ET (1400 GMT) after weekend peace talks failed. “Aluminium begins the week at the centre of market attention ... (full story)
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From @realDonaldTrump|Apr 13, 2026|37 comments
Iran’s Navy is laying at the bottom of the sea, completely obliterated - 158 ships. What we have not hit are their small number of, what they call, “fast attack ships,” because we did not consider them much of a threat. Warning: If any of these ships come anywhere close to our BLOCKADE, they will be immediately ELIMINATED, using the same system of kill that we use against the drug dealers on boats at Sea. It is quick and brutal. P.S. 98.2% of Drugs coming into the U.S. by Ocean or Sea have STOPPED! Thank you for your attention to this matter. President DJT
From cnbc.com|Apr 13, 2026|6 commentsThe U.S. on Monday has begun blocking ships from entering or exiting the Strait of Hormuz, attempting to ratchet up pressure on Iran to reopen the key oil route after peace ...
From robinjbrooks.substack.com|Apr 13, 2026|4 commentsThe US has announced a naval blockade of Iran, something I’ve been advocating for almost a month. An embargo of Iranian oil, which is what a blockade is, has pros and cons as I ...
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- Apr 13, 2026 9:20am Posted byFundamental Analysis168
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