Copper prices rose 0.5% to $13,333/ton on weaker U.S. dollar, boosting miner stocks.
Rio Tinto (+1.5%) and BHP (+2.2%) shares climbed, reflecting broader sector rally.
Southern Copper (+3.8%), Freeport-McMoRan (+3.3%), Hudbay (+4.2%), Ero (+2.2%) and Teck (+3%) posted gains.
Iran’s foreign minister confirmed Strait of Hormuz remains open for commercial vessels during ceasefire.