العربية
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Copper Steadies as Dollar Strength Counters Chile Supply Worries

Copper prices held nearly steady on Tuesday as a strong US dollar countered support from supply concerns in top producer Chile. Benchmark three-month copper on the London Metal Exchange was little changed at $14,628.00 a metric ton by 0700 GMT, after hitting a two-week high in the previous session, said Reuters. The most-traded copper contract on the Shanghai Futures Exchange edged 0.2% higher to 110,990 yuan a ton.

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Iran halts vehicle imports to prioritise medicine and essential supplies

Iran halts vehicle imports to prioritise medicine and essential supplies Tehran has paused vehicle imports for hotel operators and Iranian expatriates, directing foreign currency towards medicines and other necessities, government spokeswoman Fatemeh Mohajerani says. “Due to the country’s special circumstances, the allocation of foreign currency to all non-priority matters has been suspended by order of the president,” she said, according to Tasnim. The temporary restrictions extend to every…

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