BREAKING: Aluminum surges as US plans to implement new tariff on Russia

Aluminum price rose sharply after Bloomberg reported that the US is ready to impose a 200% tariff on Russian-made aluminum as soon as this week in order to put further pressure on the Kremlin as the one-year anniversary of the invasion of Ukraine nears, according to people familiar with the situation. Following these news, aluminum price bounced off local support at $2510. As long as price sits above, the upward move may accelerate towards the recent high at $2680, which is marked with the upper limit of the 1:1 structure.

Aluminium, H4 interval. Source: xStation5

23 October 2026, 7:22 PM

Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)

23 October 2026, 4:31 PM

US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)

23 October 2026, 6:42 AM

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22 October 2026, 6:42 PM

Daily Summary: Valuations Under Pressure, Capital Moves Away From Technology

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