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    Week in Review

    August 10, 2026

    Week in review and thoughts for the week of Aug. 10, 2026

    Written by Edward Meir

    Crude oil prices lost ground for a second week in a row. Brent fell from nearly $88 per barrel (bbl) from Friday (July 31) to $80.61/bbl as of last Friday. The decline was attributable to growing optimism about an eventual deal that would allow the Strait of Hormuz to reopen as talks between Iran and Oman were said to be progressing. In fact, at one point an agreement was supposed to be announced imminently. But as the week dragged on, nothing materialized.

    Crude oil

    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.

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    Edward Meir’s week in review and thoughts for the week of Aug. 24, 2026

    The breakdown in the US-Canada talks underscores one of the least talked about problems with tariffs. Imposing them is relatively easy (provided they are not overturned by the courts). But when it comes to removing them? A number of industries have grown accustomed to the protection tariffs afford. They will fight tooth and nail to keep them in place. Politicians usually buckle under this backlash, and we suspect this is what happened here.