Brent Gains More Than 4% on U.S.-Iran Tensions, -2-
0219 GMT - Copper gains in Asian trading. Reported strike action in Chile is threatening to disrupt supplies of the base metal, ANZ Research says in a note. Output from the Centinela mine will likely be hit within two weeks if the workers' strike continues, ANZ analysts say. "The renewed supply risks add to a market already fretting over shortages triggered by concerns over U.S. stockpiling in anticipation of a levy on imports," they write. The three-month copper futures contract on the London Metal Exchange rises 1.1% to $14,633.50 a metric ton, ICE data show. (megan.cheah@wsj.com)
Write to Barcelona Editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
October 08, 2026 10:54 ET (14:54 GMT)
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