LME base metals faced challenges amid persistent deflation pressures in China and a regional increase in inventories ahead of China s Lunar New Year holiday.
As geopolitical tensions in the Middle East continue to simmer, oil prices are expected to remain highly volatile, posing a potential threat to global supply.
Crude oil prices may remain supported amid fears of disruptions and the need for vessels to divert, especially as Saudi Arabia warned that recent actions by the US and its allies could inflame tensions.