23 Hrs
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الاقتصادية
Copper reaches 3-week low
Copper prices fell to their lowest level in three weeks, following increased tensions in the Middle East due to renewed fighting and US military escalation. This raised concerns about inflation and a slowing economic growth. As a result, oil prices surged and financial markets experienced increased volatility, with expectations of rising US interest rates. The price of copper dropped to $13,431 per ton on the London Metal Exchange, the lowest since May 20.
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