Markets · Commodity markets, July 21

What moved in commodities

Tuesday, July 21, 2026. From GEO's evening brief, after the close.

Middle East supply risk is driving a broad commodities bid into the close, with crude, gold, silver and copper all sharply higher as Houthi threats to Red Sea and Hormuz shipping keep tankers on edge. WTI is back near $85 and Brent above $91, while precious and base metals rallied together.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.