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Commodities in ‘Super-Squeeze’ as Hormuz Risks Build, HSBC Says
Commodities are experiencing a 'super-squeeze' due to rising risks in the Hormuz region, according to HSBC. Copper rods are specifically mentioned in the context of this market tension.
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Adjacent reporting
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- Emerging-Market Currencies Fall as US-Iran Tensions Resurface
- Short Squeeze Turbocharges Equity Rally as Riskiest Stocks Soar