A can of Coors Light beer and a Ford F-150 pickup truck.

Gabby Jones | Bloomberg | Brandon Bell | Getty Images

Aluminum 's surge to multiyear highs in the wake of the Iran war is creating cost pressures for the businesses that manufacture everything from cars to beer cans.

Aluminum on the London Metal Exchange has surged more than 13% since the U.S.-Israeli strikes on Iran on Feb. 28. The commodity is now up around 19% so far in 2026 and has touched its highest levels since 2022 this year.

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Aluminum in 2026

Prices are being driven higher by the shutdown of the Strait of Hormuz , a key passageway for the delivery of aluminum coming from the Middle East, according to Bernstein analyst Bob Brackett.

He estimated that 7% the world's aluminum is sourced from the region.…