Aluminum Drops From Four-Year High on Fears of Long Iran War

Aluminum fell from its highest since 2022, and other metals declined, as mounting concerns over the economic consequences of a prolonged Middle East war dominated sentiment across markets.

There were few signs of the conflict ending soon, with US President Donald Trump and Iran’s new supreme leader Mojtaba Khamenei both striking defiant tones. While aluminum remains on track for a weekly gain on supply disruptions, investors also have to reckon with a potential impact on metals demand if soaring energy costs hit the global economy.