Trump states that the attack on Iran's energy facilities will be temporarily suspended, and copper prices respond by increasing.

Copper prices have risen, as earlier the US President Trump stated that negotiations to end hostilities with Iran have begun, and that attacks on Iran's power plants and energy infrastructure will be postponed for five days. Trump's statement caused turmoil in financial markets: stocks and bonds rose, the dollar weakened, and oil prices temporarily fell by 14%. London copper prices rose by 3.9%. Copper, as a global economic indicator, had previously fallen to its lowest level in over three months, as the Middle East conflict weakened market risk appetite and exacerbated concerns about global inflation and economic growth. The conflict has now entered its fourth week, driving up oil and gas prices, potentially dragging down global economic activity and raising inflation, leading central banks around the world to adopt a more hawkish stance on interest rate policies.