Tag: West Asia geopolitical risks
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LME aluminium prices drop nearly 4% w-o-w as US-Iran deal eases supply concerns
Aluminium retreats as war premium fades Supply constraints continue beneath the surface LME aluminium prices slipped w-o-w after the recent sharp rally. LME three-month aluminium prices settled at $3,405/t in the week ended 19 June 2026, down by 3.8% from $3,540/t in the previous week. Aluminium prices opened the week near $3,431/t, fell to a…