Market Notes

Oil Shrugs Off a Deadly Hormuz-Area Strike as Copper Rewrites Its Record Book

· 4 min read · by Robert Hayes, Nova Ventures Research

A deadly Houthi strike in the Red Sea and a U.S. missile strike on a blockade-runner in the Gulf of Oman barely moved oil Wednesday. Robert Hayes on why the barrel has stopped flinching — and why copper's record run is the more telling commodity story right now.

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