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Copper hits one-week low as Middle East escalation clouds growth outlook
May 28, 2026
Economic Times

Copper hits one-week low as Middle East escalation clouds growth outlook

Copper prices just hit a one-week low on Thursday. This happened because of more trouble in the Middle East, which made the dollar and oil go up. People are worried this could cause inflation and slow down the economy. One trader said, "an impasse in Hormuz that saw U.S. attacks isn't helping sentiment."