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Zinc at $3.8K, US Copper Drain, $1.5B Haynesville Gas & Brazil Soy
Description
Copper approaches all-time highs of $14,528/t as U.S. tariff stockpiling drains global inventories into COMEX's 675,000-ton reserve; Iran blacklists 45 vessels, disrupting Gulf ship-to-ship oil transfers; Gunvor negotiates a $1.5 billion Haynesville shale gas acquisition; Black Sea drone attacks shut down 70% of Russian grain export capacity; and Brazil's soybean expansion stalls at 49.2 million hectares amid soaring input costs.
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