Beyond gold: how 2026 rewires commodity map
Markets traditionally react to geopolitical crises by fleeing to safe assets, including physical gold. But the closure of shipping through the Strait of Hormuz, combined with the explosive construction of compute capacity for artificial intelligence, has revealed raw materials and metals in an entirely new light. At the intersection of a Middle Eastern logistics blockade and AI giants' appetites, a large‑scale commodity supercycle is unfolding, reshaping prices for the planet's basic materials.