
Commodities Wrap: Ceasefire sends crude, aluminium down

Global commodities market faced distinct macro-driven adjustments for the week ending 16 June 2026. The week’s defining developments featured energy benchmarks tumbling on news of a potential reopening of the critical Strait of Hormuz chokepoint, while gold found renewed support as global inflation anxieties moderated ahead of a crucial slate of central bank decisions.Crude oil(WTI US$81.35/bbl; B














