Galaxy Futures: Conflict Erupts, Geopolitics Dominates Crude Oil

As the conflict between the United States, Israel, and Iran escalates, the crude oil market is expected to strengthen significantly. Iran’s Supreme Leader Khamenei was attacked and killed, Lebanon launched rockets at Israel, and overall Middle East tensions are tightening. At the same time, Iran announced the blockade of the Strait of Hormuz and attacked oil tankers passing through, affecting over 10 million barrels of oil transportation in the short term. The situation is developing rapidly, requiring ongoing attention to geopolitical changes. Brent crude oil prices are expected to range between $78 and $85 per barrel. (Galaxy Futures)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)