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Aluminum Holds Gain as Iran Conflict Roils Global Supplies

Martin Ritchie
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⚡ Quantum Brief
Aluminum prices rose after the U.S. president indicated a prolonged military campaign against Iran could last weeks, escalating concerns over Middle Eastern supply chain disruptions. The conflict threatens aluminum exports from key regional producers like the UAE and Saudi Arabia, where smelters may face raw material shortages if trade routes remain unstable. Defense Secretary Pete Hegseth dismissed fears of an "endless war," but the extended timeline still risks crippling metal shipments from the Persian Gulf, a critical global aluminum hub. Smelters in the region rely on steady imports of alumina and energy; prolonged hostilities could force production cuts, tightening global aluminum supplies further. Markets reacted immediately to the uncertainty, with aluminum futures climbing as traders priced in potential shortages amid the geopolitical turmoil.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Aluminum edged up after US President Donald Trump suggested the military campaign against Iran could last weeks, raising the risk of deeper disruptions to exports of the metal from the Middle East.Trump said the US had planned for four to five weeks of military action, but could go longer, even as Defense Secretary Pete Hegseth dismissed the idea of an “endless war.” Any prolonged conflict could leave aluminum smelters in countries like the United Arab Emirates and Saudi Arabia starved of raw materials and unable to export metal.

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Source: Bloomberg Markets

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