Iran attacked the world's largest aluminum smelter

The incident took place the day before, on Saturday, a the company points to Iran as the perpetrator of the incident.
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“Alba is currently assessing the scale of damage to its facilities and continues to focus on maintaining operational readiness and ensuring the safety of its employees,” the company said in an official statement.
The conflict in the Middle East is escalating. An Islamic militia joined
Even before the attack, the company reduced production by 19%. of its 1.6 million tonnes of annual capacity. The decision was explained by disruptions in supplies and transport through the strategic Strait of Hormuz. This reduction had already raised concerns about global shortages of aluminum – a key raw material for industries such as electronics, transport and construction.
The conflict is increasingly affecting global trade. Iran's retaliatory actions include missile and drone attacks on countries in the region. On Sunday, the United Arab Emirates reported intercepting more missiles.
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Iran-backed Houthi fighters also joined the fight and launched an attack on Israel for the first time. Analysts have warned that they may try to block the Bab al-Mandab Strait – a key route to the Red Sea and the Suez Canal.
Additionally, Iran has virtually closed the Strait of Hormuz, through which approximately 20 percent of its exports flowed before the war. world oil supplies. The result is a sharp increase in energy prices, with oil reaching its highest levels in over three years.




