Iran's aluminium company, IRALCO in Arak, which is the country's largest aluminium producer, has been hit in an airstrike

The airstrike on Iran's largest aluminium producer, IRALCO, could significantly impact both the aluminium market and broader energy supplies.

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Turkish Foreign Minister holds call with Pakistani counterparts to discuss diplomatic efforts to end conflict

Iran's Amirkabir petrochemicals plant in Mahshahr was attacked, accoring to Mehr News Agency

Iran's aluminium company, IRALCO in Arak, which is the country's largest aluminium producer, has been hit in an airstrike

Several explosions heard in Tehran and Karaj, according to Al Hadath

US Weekly Private Inventory Data (bbls): Crude +3.7mln (exp. -1.6mln), Distillate -0.6mln (exp. -0.9mln), Gasoline -4.0mln (exp. -1.4mln), Cushing -0.6mln

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This escalation may raise concerns about supply disruptions and geopolitical tensions, potentially supporting higher commodity prices in both the metals and energy sectors. Traders should monitor market reactions as these developments could lead to increased volatility in related assets.

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