Tag: Strait of Hormuz oil risk

LME weakness persists despite tightening inventories across metals Macro uncertainty from tariffs and oil routes weighs on outlook Base metals on the London Metal Exchange (LME) traded lower d-o-d as of close on 02 April, reflecting broad-based weakness across the complex. Aluminium declined 1.76% to $3,470/t, while zinc fell 0.76% to $3,265/t and copper dropped…