Copper fell to its lowest since December as Middle East conflict and soaring energy prices raised global economic risks. Strikes by Iran and Israel on energy facilities pushed industrial metals lower, with copper down 1% to $12,274/ton in Shanghai, shedding over 8% this month. Rising oil fuels inflation concerns, while potential supply disruptions clash with slowing manufacturing. Chinese metals demand, previously soft, may recover as lower prices improve consumption expectations and help draw d

Copper fell to its lowest since December as Middle East conflict and soaring energy prices raised global economic risks. Strikes by Iran and Israel on energy facilities pushed industrial metals lower, with copper down 1% to $12,274/ton in Shanghai, shedding over 8% this month. Rising oil fuels inflation concerns, while potential supply disruptions clash with slowing manufacturing. Chinese metals demand, previously soft, may recover as lower prices improve consumption expectations and help draw down record stockpiles.