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Base Metals Decline as US, Iran Flare-Up Clouds Demand Outlook

Base Metals Decline as US, Iran Flare-Up Clouds Demand Outlook
Bloomberg Markets Monday 13 July 2026, 04:31 UTC By Annie Lee 1 min read
Key Points

Commodities Base Metals Decline as US, Iran Flare-Up Clouds Demand Outlook Base metals retreated after renewed hostilities between the US and Iran fueled concerns over global economic growth, clouding the outlook for industrial commodities. The latest flare-up has raised fears of higher energy costs and prolonged supply disruptions from the Persian Gulf stoking inflation, resulting in interest-rate hikes. Investors are awaiting US inflation data this week for clues on the Federal Reserve’s...

Commodities Base Metals Decline as US, Iran Flare-Up Clouds Demand Outlook Base metals retreated after renewed hostilities between the US and Iran fueled concerns over global economic growth, clouding the outlook for industrial commodities. The latest flare-up has raised fears of higher energy costs and prolonged supply disruptions from the Persian Gulf stoking inflation, resulting in interest-rate hikes. Investors are awaiting US inflation data this week for clues on the Federal Reserve’s policy path.
US (LOCATION) Iran (LOCATION) Persian Gulf (LOCATION) the Federal Reserve’s (ORG)
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