Markets News

Iran plans to open the Strait of Hormuz within 30 days of the agreement being reached, and Guinea will control bauxite exports in June!

Iran plans to open the Strait of Hormuz within 30 days of the agreement being reached, and Guinea will control bauxite exports in June!

· Guinea, the world's largest bauxite producer, will announce export control measures in June. This news is bullish for aluminum prices. · Energy and semiconductor sectors led the gains, with the Italian stock market hitting its first new high in 26 years. This news is positive for companies related to semiconductor raw materials. · The Russian Foreign Ministry announced that Russia has begun a series of strikes against Ukrainian defense industry facilities in Kyiv and is urging foreign citizens to leave the city. This news is bullish for crude oil, gold, and the US dollar.

TOPONE Markets Analyst
2026-05-26 08:36:04
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