Article
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Aluminum futures in London surged to a four-year high on Monday as President Trump's Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf's largest aluminum producer declared force majeure on parts of its contract book over the weekend.
Aluminum climbed 1.4% to $3,547 per ton on the London Metal Exchange as traders priced in increased shipment disruption risk ahead of President Trump's Hormuz blockade,...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
May 29, 2026 / Tyler Durden
Leak Exposes Germany Forcing Social Media To Boost State Propaganda, Bury Dissent
Apr 5, 2026 / Tyler Durden
The Four Iran War End-Games Revisited, And The Peak Pressure Points
The Four Iran War End-Games Revisited, And The Peak Pressure Points
Submitted By Peter Tchir of Academy Securities
A Yogi Berra Kind of Weekend
There is something special about “home openers.” The baseball season can drag on, but the home opener is such a great reminder that summer is on the way and that the possibility of winning it all remains in your reach. Maybe that is why I have Yogi Berra on my mind.
Or maybe, and far more likely, it is because a lot of recent discussions seem to lend themselves...
Read more
Apr 9, 2026 / Tyler Durden
Meteorologists Warn About Super El Nino Event
Meteorologists Warn About Super El Nino Event
Weather forecasters are sounding the alarm about what could become a "super" El Niño event, potentially one of the strongest on record.
"Strongest El Niño on record this year?!" meteorologist Ben Noll wrote on X. Noll said the latest ECMWF outlook indicates a 75% chance of a super El Niño by October, with "some scenarios suggesting the most intense event in more than a century."
Strongest El Niño on record this year?!
New ECMWF guidance shows a *75% chance of a super El Niño* by October,...
Read more




