US, UK Ban Deliveries of Russian Copper, Nickel And Aluminum to Western Metals Exchanges: Here’s What This Means

Apr 15th 2024 2:20am EDT

The rules prohibit delivery of new supplies from Russia to the London Metal Exchange, where the global benchmark prices are set. On Friday, the US and UK imposed new restrictions on trading Russian aluminum, copper and nickel in the latest hollow bid to curb President Vladimir Putin’s ability to fund his war machine (as discussed […]

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