⛏ Aluminum price surges to 4-year high

Gold rises as Middle East conflict escalates, dollar rally pauses
Gold prices rose on Wednesday as the ‌escalating conflict in the Middle East attracted safe‑haven bids, while a pause in the U.S. dollar’s rally also lent support. Spot gold was up 1.6% to $5,166.75 per ounce by 1412 GMT, after falling more ​than 4% on Tuesday. Read on »

Aluminum price surges to 4-year high on Bahrain force majeure
Aluminum is the most ubiquitous industrial metal after steel, but in recent years has been periodically rocked by supply shocks that have exposed fragilities in the complex network of bauxite mines, alumina refineries and aluminum smelters that supply to manufacturers around the world — often in highly specialized forms that cannot readily be replaced. Read on »

Iran Just Closed the Strait of Hormuz
Say what you want about Trump — and plenty of people are saying plenty right now — but the man ran on two things above almost everything else: peace and cheap energy. Last Saturday, he may have put both at risk in a single morning. Read on »