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How the Iran war is squeezing metals markets and key industries

By CNBC International TV March 18, 2026 Bearish
How the Iran war is squeezing metals markets and key industries
The war in Iran is hitting the metals and mining sector, sending shockwaves through energy markets and stoking inflation fears. Artem Volynets, CEO of ACG Metals, breaks down what's driving prices across key metals and commodities and says he sees further upside in gold and copper but questions whether aluminium can hold on to its recent multi‑year highs.
Tickers: AAAUACGAFCPERDGLDGPGLDGLDMIAUIAUFJJCOUNZSILSILJSIVRSLVSLVPUGL
The war in Iran is hitting the metals and mining sector, sending shockwaves through energy markets and stoking inflation fears. Artem Volynets, CEO of ACG Metals, breaks down what's driving prices across key metals and commodities and says he sees further upside in gold and copper but questions whether aluminium can hold on to its recent multi‑year highs.