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Event Brief

Copper prices hit highest level on record

Copper prices reached their highest level on record as refining faces a Strait of Hormuz problem.
WHO: Copper market analysts
WHAT: Copper refining disruptions tied to the Strait of Hormuz
WHEN: May 12, 2026 at 5:43 PM ET
WHERE: Strait of Hormuz
WHY: Refining is facing a Strait of Hormuz problem.

Reporting from 2 identified publishers across this event arc.

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