As oil surged, another commodity quietly caught fire in Iran war

Iran War: Global aluminium prices are soaring to four-year highs as the Strait of Hormuz closure disrupts vital trade routes. Gulf smelters, crucial suppliers to the West, face a dual squeeze of blocked exports and halted raw material imports. This geopolitical shock is impacting industrial supply chains, with Qatari smelter Qatalum already shutting down.