The situation in the Middle East escalates, LME metal prices adjust

According to Gate market data, as hostilities in the Middle East escalate, industrial metal prices have pulled back. The London Metal Exchange (LME) six-base metal composite index has reached a historic high, with copper and aluminum prices rising, and zinc prices breaking through $4,000 per ton. The intensifying U.S.-Iran conflict has caused Brent crude oil to rebound to nearly $100, heightening inflation concerns.