25 Days
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الاقتصادية
Copper prices fall from record highs amid Iran conflict
Copper prices retreated from their highest levels in three weeks, with futures contracts falling below $14,000 per ton amid escalating tensions in the Middle East and an increase in attacks, including an Iranian assault on Kuwait and an attack on Qeshm Island. This comes amid concerns over the potential imposition of US tariffs on imports, as well as a rise in copper stockpiles in the United States, which has tightened supply in the markets. The price of copper declined by 0.4%, reaching $13,983 per ton.
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