GDIG.L is trading at $68.82 (-3.23%) as escalating U.S.-Iran military tensions pushed Brent crude above $100, intensifying inflation and supply-disruption fears.
- Weaker global equity markets and falling iron ore added pressure to diversified mining shares, with BHP declining 2% in Australia.
- Higher expected inflation and Treasury yields likely reduced risk appetite for cyclical mining equities, despite stronger energy prices.