Tag: Daily round-up: Base metals rebound; oil surges on renewed Middle East tensions

Vedanta targets 6 mtpa aluminium production capacity Oil surges 7% on renewed Hormuz supply fears Base metals on the London Metal Exchange (LME) advanced across the board on 9 July 2026, supported by a weaker US dollar and continued declines in exchange inventories. Zinc led the gains, rising 3.07% d-o-d to $3,627/t, followed by copper,…