Edward Meir's week in review and thoughts for the week of June 15, 2026

There were a number of dizzying geopolitical headlines coming out of Washington and the Persian Gulf this past week that played havoc with the various markets. Most complexes (apart from crude) sold off sharply Wednesday on news that Iran downed a US Apache helicopter on Tuesday. The US responded by conducting a series of strikes on roughly 20 Iranian targets the next day, prompting retaliatory attacks on a US base in Jordan and on targets in both Bahrain and Kuwait.

By Thursday, it seemed that things would get even worse after President Trump threatened that he would hit Iran “hard” later that night if the country did not come to an agreement. Trump even mused about taking over Iran’s Kharg Island and the export terminals located there. But by Thursday afternoon, he abruptly changed his mind, saying negotiations were progressing and the two countries were on the verge of signing a deal.

Edward Meir

Edward brings more than a decade of hands-on experience in physical trading across aluminum, tin and scrap, paired with a deep fundamental market analysis background. His unique perspective strengthens AMU’s mission to deliver sharper insight, clearer context, and actionable intelligence for professionals across the aluminum value chain.