Aluminum climbs to four-year high on Strait of Hormuz blockade fears

MSN
2026.04.13 12:51
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Aluminum prices surged to a four-year high following the collapse of U.S.-Iran peace talks and President Trump's threats to blockade the Strait of Hormuz. This situation raises concerns about potential disruptions in shipments from a region that contributes approximately 9% of global aluminum output, which heavily depends on the strait for exporting the metal and importing raw materials.