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Copper Steadies Near Record as Trump Rejects Iran’s Peace Plan
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Copper Steadies Near Record as Trump Rejects Iran’s Peace Plan

Bloomberg Markets · May 12, 2026, 3:50 AM · Also reported by 4 other sources

Copper steadied near its highest close on record after US President Donald Trump dismissed Iran’s proposals for a peace deal and said the ceasefire with Tehran was on “life support”.

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Investing.com Peace deal hopes fade after Trump rejects ’garbage’ Iran proposal CNBC Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal Foreign Affairs Can Trump Get a New Nuclear Deal With Iran? The Hill Trump economic backlash rises with Iran

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