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Economics2h 22m ago

Copper rallied and mining equities surged as traders weighed the prospect of a deal to end the Iran war.

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London, Hong Kong, China

Who
US President Donald Trump, Jia Zheng (Suzhou Chuangyuan Harmony-Win Capital Management Co.), Zijin Mining Group Co., CMOC Group Ltd., Jiangxi Copper Co., Jefferies Financial Group Inc.
What
Copper rallied and mining equities surged as traders weighed the prospect of a deal to end the Iran war.
When
Mon, 15 Jun 2026 01:37:19 GMT · 2h 22m ago
Where
London, Hong Kong, China ·
Why
The prospect of a deal to end the Iran war, which has clouded global economic prospects, triggered broad gains for metals.
The Frontline Impact

How this affects you

The potential resolution of the Iran war is boosting confidence in the global economic outlook, leading to increased investment in metals like copper, crucial for AI, power infrastructure, and renewable energy. This positive sentiment is driving up prices and share values for major mining companies.

Story chain

22 events in this thread
  1. Economics38m ago
    Markets in Asia surged after the U.S. and Iran agreed on a tentative peace deal.
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  2. Economics1h 20m ago
    Australian share market rocketed to an eight-week high and oil prices plunged on news that the US and Iran have reached a peace deal.
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  3. Economics1h 20m ago
    The Australian share market has rocketed to an eight-week high and oil prices are plunging on news that the US and Iran have reached a peace deal.
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  4. Economics1h 41m ago
    US President Donald Trump said a deal to end the conflict with Iran was 'now complete', which would cease an economically damaging US naval blockade of Iranian ports and lead to Tehran reopening the Strait of Hormuz by Friday.
    Open article
  5. Economics1h 43m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement.
    Open article
  6. Economics1h 43m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement and Iran confirming a signing date of June 19.
    Open article
  7. Economics1h 43m ago
    The United States and Iran have reached a peace deal to end their over three-month-long war, with President Donald Trump announcing on Truth Social that the agreement has been finalized.
    Open article
  8. Economics1h 43m ago
    The United States and Iran have reached a peace agreement to end their over three-month-long war, with the deal expected to be signed on June 19.
    Open article
  9. Economics1h 47m ago
    The United States and Iran have reached an initial agreement to end the war and reopen the Strait of Hormuz, which could allow desperately needed oil and gas to reach the global market.
    Open article
  10. Economics1h 47m ago
    The United States and Iran reached an initial agreement early Monday to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war.
    Open article
  11. Economics2h 20m ago
    Gold rose 2% on Monday after U.S. and Iran officials said they had reached a preliminary deal to end their conflict.
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  12. Currently Reading2h 22m ago
    Copper rallied and mining equities surged as traders weighed the prospect of a deal to end the Iran war.
  13. Economics2h 53m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war.
    Open article
  14. Economics2h 53m ago
    The US and Iran announced a deal to reopen the Strait of Hormuz on Sunday.
    Open article
  15. Economics2h 53m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war that killed thousands of people and roiled the global economy.
    Open article
  16. Economics3h 7m ago
    Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
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  17. Economics3h 7m ago
    Markets globally surged and oil prices plummeted on Monday after a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
    Open article
  18. Economics5h 22m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which could bring relief to the global economy.
    Open article
  19. Economics5h 33m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which is expected to bring relief to the global economy.
    Open article
  20. Economics5h 54m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article
  21. Economics5h 54m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy.
    Open article
  22. Economics6h 30m ago
    Pakistan announced that the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article

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