Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes

Copper Tops $14,000 As US Stockpiling Drains Global Supply Ahead Of Trump's Tariff Call Copper strength has returned to the London Metal Exchange this week as futures top $14,000 a ton. Another leg higher could be imminent, pushing prices into blue-sky territory as traders weigh tightening global supplies against robust metal inflows into the US ahead of President Trump's expected tariff decision. The Commerce Department was expected to deliver its tariff recommendation by June 30, but no decision has been announced. On national security grounds, the agency is expected to impose...

"Iran Is Losing Its Grip On Hormuz": Strait Traffic Explodes Nearly 400% Summary: Nearly 200 Ships Navigated Strait Last Week, Up From 150 the Previous Week Trump Views Hormuz As "an American Territory"  Axios: 40 Tankers Transited Hormuz Friday Night, But Real Crisis Is Diesel Hormuz Commercial Traffic Surges  Shortly after President Trump declared the Strait of Hormuz "an American territory" on Friday evening, the New York Post published a new report citing UK Maritime Trade Operations data showing that commercial traffic through the critical waterway has rebounded sharply as more vessels use a US-backed...