00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Goldman Sachs warned copper could decline further if the Strait of Hormuz remains blocked.
00:06As Trump set a deadline for Iran to agree to a deal or face attacks on civilian infrastructure,
00:11according to Bloomberg, analysts said prolonged disruption would keep energy prices higher
00:15and slow global growth.
00:17Copper has fallen about 7% since the U.S. and Israel launched attacks on Iran and is
00:21trading above Goldman's estimated fair value of $11,100 a ton.
00:25The bank cut its 2026 average price forecast to $12,750 from $12,150.
00:32Copper was at $1,200 a ton, up 0.3% while other metals were mixed.
00:37For all things money, visit Benzinga.com.
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