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Iran War Rattles the Global Aluminium Supply Chain

Summary by CNBC
The U.S. and Israel's war with Iran has upended the supply of aluminum in the Middle East, sending prices of the base metal skyrocketing.

6 Articles

lemanic.calemanic.ca
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Le Nord-CôtierLe Nord-Côtier

The price of aluminum has risen significantly due to the geopolitical events of the last few weeks. The latest available data indicated that the price was US$3,470/tonne. By comparison, aluminum was selling US$2,651/tonne in July 2025. It is the conflict in Iran that explains this significant increase. "Principally, what fueled the price rise is really what happened in Iran and the closure of the Strait of Ormuz," explains Marc-Antoine Dumont, a…

Not only oil prices increase as a result of the war between the US and Israel with Iran, but also aluminium, the world's most abundant metal, essential for the functioning of the world economy. The conflict of...

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CNBC broke the news in United States on Wednesday, March 18, 2026.
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