Aluminum prices have risen by 1.7%, reaching $3,534 per ton, primarily due to the ongoing uncertainty surrounding the reopening of the Strait of Hormuz. This blockade, influenced by tensions between Iran and the United States, is limiting the global supply of aluminum, impacting industries from automotive manufacturing to beverage production. Experts warn prices could climb even higher, potentially reaching $4,000 per ton, irrespective of the strait's future status.