Japan’s Traders Profit From War

TokyoMitsubishi Corporation now forecasts record ¥1.2 trillion net income.

Oil above $100 a barrel for two months, driven by the Iran war, handed traders a windfall.

Copper peaked at $14,875 a tonne in early September on expected US tariffs, AI demand and constrained mine supply.

Mitsui chief executive Kenichi Hori said risks “continue to be unpredictable rather than calming down.”

Mitsubishi’s Katsuya Nakanishi says uncertainty over Trump’s diplomatic strategy may prolong the Middle East conflict and lift oil prices.

Sources: Financial Times News