🔴 Global Mining ETF (GDIG.L) is trading 4.01% down as U.S.-Iran conflict revives supply disruption fears

GDIG.L is trading at $68.97 (-4.01%) as renewed U.S.-Iran conflict around the Strait of Hormuz raises fears of supply disruptions and inflation.

• The decline on September 2, 2026 came as Brent crude reached approximately $92 and global bond yields climbed, worsening risk aversion and pressuring diversified mining equities.
• The move appears sector-wide rather than company-specific: COPX fell 2.10% and RING 2.20% on September 1.