Commodities Swing as US-Iran Conflict Fuels Oil, Hits Metals & Gold
Naba Zehra | Updated: April 20, 2026 04:24 PM IST
Global commodity markets turned volatile as US-Iran tensions escalated. Brent crude surged over 5%, while gold and silver declined amid a stronger dollar. Copper prices slipped on weak sentiment despite tight supply signals. Rising geopolitical risks and uncertainty over ceasefire talks are driving inflation concerns and market instability across key assets.









































