Aluminum Surges 6% After Iran Strikes Plants in UAE, Bahrain

Aluminum climbed around 6% after Iran attacked two production sites in the Middle East, threatening to deepen supply disruptions in a region that accounts for a significant portion of global output. Prices on the London Metal Exchange rose as much as 6% to $3,492 a...

Houthis Join War as Iran Retaliates Over Atomic Site Attacks

The Houthis launched ballistic missiles at Israel on Saturday morning, marking their entry into the month-long Iran war that has already caused chaos in energy markets and killed thousands of people. The Yemen-based Houthis, who are supported by Iran, said they...

Ukraine Says It Attacked Russia’s Yaroslavl Refinery

Russia’s Yaroslavl oil refinery suffered damage after a Ukrainian drone attack overnight, according to the General Staff of the Armed Forces of Ukraine. “A hit was recorded on the territory of the plant, followed by a fire,” Ukraine’s military said in its official...