Copper Gives Up 2026 Gains as Iran War Roils Metals Markets

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 1000Copper fell to the lowest since December as the worsening war in the Middle East pushed energy prices higher and increased the risk of damage to the global economy.There were broad declines on the London Metal Exchange after Iran and Israel traded strikes on energy facilities in the Middle East. Iran targeted the world’s biggest liquefied natural gas plant, after the Israelis hit Iran’s South Pars gas field.