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Glencore Scores Huge Trading Profits as War Upends Markets

(Bloomberg) -- Glencore Plc said its trading team made a first-half profit of about $3.3 billion, putting it on course for its best ever year and underlining how commodity traders are cashing in after the Iran war sent energy prices soaring.

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swissinfo.chStai leggendo1 mese fa

Glencore Scores Huge Trading Profits as War Upends Markets

Glencore trading posted $3.3B H1 profit, on track for record year as Iran war and AI boom roil commodity markets. Commodity price volatility and supply shocks will sustain IT infrastructure capex pressures and cloud compute budget headwinds.

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oilprice.com1 mese fa

Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets | OilPrice.com

Glencore's H1 trading profit hit $3.3B, exceeding full 2025 ($2.9B) as Iran war spiked energy markets. Sustained energy volatility signals elevated datacenter costs, directly impacting capex budgets and infrastructure hedging for tech enterprises.

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Glencore Scores Huge Trading Profits as War Upends Markets

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Glencore Scores Huge Trading Profits as War Upends Markets

Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets | OilPrice.com

Timeline cronologica

Glencore Scores Huge Trading Profits as War Upends Markets

Middle East Turmoil and the AI Boom Fuel Windfall for Mining Giants | OilPrice.com

Glencore expects $3B trading profit amid Iran war volatility

Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets | OilPrice.com

Glencore expects $3B trading profit amid Iran war volatility