{"id":5448,"date":"2026-06-03T11:19:38","date_gmt":"2026-06-03T11:19:38","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=5448"},"modified":"2026-06-03T11:19:38","modified_gmt":"2026-06-03T11:19:38","slug":"copper-drops-from-three-week-high-as-us-and-iran-exchange-fire","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=5448","title":{"rendered":"Copper drops from three-week high as US and Iran exchange fire"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>Copper fell from a three-week high amid pessimism over the outlook for a deal to end the Iran war.<\/p>\n<p>Three-month futures dropped below $14 000 a ton, after gaining 3% in the week\u2019s opening two sessions. Tensions remained high in the Middle East amid an uptick in strikes, including an Iranian attack on Kuwait and the US targeting Qeshm Island.<\/p>\n<p>Copper has been buffeted by the conflict, which has fuelled expectations for rate hikes to combat inflation, a move that stands to dampen demand for industrial metals.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>Traders are also on alert this month for a US tariff decision that may see the administration impose a duty on copper imports. Ahead of that, stockpiles of the red metal in the country have surged, tightening other markets.<\/p>\n<p>Copper fell 0.9% to $13 916 a ton on the London Metal Exchange, after closing at $14 040.50 on Tuesday, the highest since May 13. Aluminium was little changed at $3 742.50 a ton, holding near a four-year high as disruptions to Gulf supplies tighten the global market.<\/p>\n<p>\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n<p>#Copper #drops #threeweek #high #Iran #exchange #fire<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Copper fell from a three-week high amid pessimism over the outlook for a deal to end the Iran war. Three-month futures dropped below $14 000 a ton, after gaining 3%&hellip; <\/p>\n","protected":false},"author":1,"featured_media":5449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4074,647,6909,2129,794,445,7948],"class_list":["post-5448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-copper","tag-drops","tag-exchange","tag-fire","tag-high","tag-iran","tag-threeweek"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/5448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5448"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/5448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/5449"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}