Copper Rallies as Peace-Talk Progress Eases Inflation Fears (opens original article in a new tab)

Copper prices rose as Iran reported major progress in peace talks with the US, raising expectations of restored traffic through the Strait of Hormuz and easing inflation pressures.

• Copper prices rose after Iran reported major progress in peace talks with the US.
• Peace talks progress boosted expectations of restored traffic through the Strait of Hormuz.
• Improved traffic through the Strait of Hormuz is expected to ease inflation pressures.