Commodities (Crude Oil & Copper) & Macro Outlook

According to CoinPost, Japan's National Commerce Enterprise Pension Fund (based in Okayama) plans to allocate approximately 1% of its operational assets to cryptocurrency in fiscal year 2026 to diversify currency risk. The

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate mid-price fell to 156,900 yuan/ton during early trading on June 22, declining 8,750 yuan/ton from the previous close.

President Trump threatened fresh military strikes against Iran late Sunday over Tehran's closure of the Strait of Hormuz, triggering a selloff in U.S. stock futures. Dow futures fell 0.12%, S&P 500 futures declined 0.21%, and Nasdaq 100 futures dropped 0.22% as of 9:24 p.m. ET. In a Truth Social

WTI and Brent crude oils both declined over 1% intraday on June 22, trading at $76.47 and $79.32 per barrel respectively.

According to Tasnim News Agency and Jin10 Futures, Iran's delegation halted negotiations with the U.S. in Switzerland on June 21 in protest of threats from President Trump. Earlier that day, Trump warned Iran to immediately cease proxy actions in Lebanon or face renewed and more severe U.S.

According to Jin Lian Creative, on June 22, domestic gasoline and diesel prices should decline 510 yuan/ton based on a -10.17% change rate and reference crude oil prices of $78.41 per barrel. The next adjustment window is scheduled for July 3 at

According to Guru Club, lithium carbonate futures main contract fell nearly 9% on June 22, now trading at 151,650 yuan per ton.

According to Guru Club, lithium carbonate futures declined 6% intraday on June 22, trading at 155,680 yuan per ton.

Between 00:00 and 01:00 UTC on June 22, 2026, BTC delivered a +0.31% return, with a price range of 63,310.5–63,588.7 USDT and a volatility of 0.44%. After Bitcoin just went through the sharp volatility earlier in June that saw it drop below the $60,000 level, market sentiment is still in a repair phase, with signs of technical stabilization in the short term. The main driver of this move is a marginal easing in geopolitical risk. After the June 15 ceasefire agreement between the United States an

According to Iranian Foreign Ministry spokesman Bagaei, on June 22, Iran and the U.S. discussed oil sales permits and the unfreezing of Iranian assets, achieving good progress in negotiations.

According to Jin10 Futures, Malaysian Bursa Malaysia Derivatives crude palm oil futures may open higher on Monday, June 22, supported by stronger biofuel demand outlook and a rebound in international crude oil. The benchmark September 2026 contract rose 1.57% to 1,122.7 USD per metric ton on

According to PANews, citing on-chain analyst Ember Monitor, on June 22, a trader deposited 4.24 million USDC into Hyperliquid to open a 10x leveraged long position in WTI crude oil (CL) futures worth $39.1 million, establishing the largest crude oil position on the platform. The position was

South Korea's imports in the first 20 days of June grew 23.2% year-over-year, down from 29.3% in the previous reporting period.

According to Jin10 Futures, CBOT soybean oil futures fell 6% in the week ending June 19, marking their largest weekly decline in several months and closing at a two-month low. The sell-off was driven by funds liquidating long positions following a collapse in crude oil prices after the U.S.-Iran

According to TankerTrackers, Iran has exported 36 million barrels of crude oil since June 15. The country currently maintains approximately the same quantity of crude oil in floating storage at sea.

According to Iranian officials, the Iranian negotiation delegation left the talks site on Monday, June 21, 2026, in protest of Trump's threatening remarks, according to a person close to the negotiation team. WTI crude oil futures rose 2.67% to $77.875 per barrel in early Asia-Pacific trading,

According to Iranian negotiating team officials, on June 21, a draft regarding oil sanctions exemptions for Iran has been finalized. The team indicated that the exemption will be released shortly. Administrative procedures for unfreezing Iran's frozen assets are already in progress with

According to Jin10, WTI crude oil rose 1.7% at market open on Monday (June 23), following renewed threats from former President Trump. Trump warned of U.S. strikes against Iran if Hezbollah continues attacks on Israel, raising concerns about Washington-Tehran peace negotiations. The threat came

The foreign ministers of Egypt, Pakistan, Saudi Arabia, and Turkey held talks in Cairo on June 21 to discuss regional security and the Iran situation. In a joint statement, they warned that U.S.-Iran conflict poses major risks to regional stability, energy markets, and global supply chains. The

According to CNN, analysis by the Center for Strategic and International Studies (CSIS) shows the conflict with Iran has cost the U.S. Defense Department approximately $40 billion as of June 22, including ammunition, equipment damage, and base repairs. The conflict also generated an additional $1 bi