Producers of metals, grains and other raw materials fell sharply amid fears about the implications of a prolonged closure of the Strait of Hormuz.

The spike in oil and fertilizer prices could soon weigh on the outlook for global economic growth, hurting demand for cyclical commodities such as copper.

Sherritt International is reportedly seeking a quick exit from its activities in Cuba as it looks to escape the threat of being targeted in the Trump administration's efforts to force regime change on the island.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

05-15-26 1751ET