FACTBOX: Aluminum prices surge as Middle East war disrupts GCC trade flows
The war in the Middle East has significantly disrupted aluminum production and exports across Gulf Cooperation Council countries. Maritime traffic through the Strait of Hormuz — a vital shipping corridor for aluminum — has effectively come to a standstill, driving up aluminum prices and raising concerns about supply shortages. GCC aluminum production facilities are highly dependent on the StraitThe war in the Middle East has significantly disrupted aluminum production and exports across Gulf Cooperation Council countries. Maritime traffic through the Strait of Hormuz — a vital shipping corridor for aluminum — has effectively come to a standstill, driving up aluminum prices and raising concerns about supply shortages. GCC aluminum production facilities are highly dependent on the StraitRead More