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Commodity Watch — Jun 21, 2026, 12:00 UTC

Welcome to Commodity Watch on rawfin.tv. Global markets are in flux. Oil prices reacted sharply to breaking news. The US and Iran announced a peace deal. This opens the Strait of Hormuz. Crude oil fell significantly. Geopolitics directly impacts global supply.

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Key takeaways

  • It trades at 5 006.7 down 0.03 .
  • August futures fell 1.72 to 4 172.9.
  • This occurs despite Extreme Fear at 23.

Transcript

Welcome to Commodity Watch on rawfin.tv. Global markets are in flux. Oil prices reacted sharply to breaking news. The US and Iran announced a peace deal. This opens the Strait of Hormuz. Crude oil fell significantly. Geopolitics directly impacts global supply. Gold our safe haven is also under pressure. It trades at 5 006.7 down 0.03 . August futures fell 1.72 to 4 172.9. This occurs despite Extreme Fear at 23. A hawkish Fed outlook dominates. It outweighs the peace deal's impact. Monetary policy overshadows risk aversion. Copper an industrial bellwether is at 5.765 down 0.04 . Its minor dip reflects global demand. World events profoundly shape commodities. The US-Iran deal reduces supply risks. But central bank actions remain key. This is

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