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03 AUG 2026 MONDAY
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Copper futures stabilized near $5.85 per pound on Tuesday, but remained close to three-week lows after sliding more than 2% in the previous session, as escalating US–Iran tensions rattled global markets and raised concerns over demand. US forces repelled Iranian attacks while escorting two US-flagged vessels through the Strait of Hormuz, while the UAE’s Fujairah ...
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news Hellenic Shipping News ·2026-05-05

Copper Pressured by US–Iran Escalation

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