Ruishui: Crude oil futures rise, influenced by concerns in the Strait of Hormuz.
There are reports that a cargo ship was attacked by Iran in the Strait of Hormuz, causing concerns about the smooth reopening of the waterway, leading to a rise in crude oil futures settlement prices. As more and more oil tankers pass through the strait, easing global supply tensions, oil prices briefly fell to pre-war levels early in the day. Mizuho's Robert Yawger said in a report, "Even after the 60-day negotiation period ends, I don't think Iran will go back to war because both sides will suffer heavy losses." West Texas Intermediate settled up 2.2% at $71.92 a barrel. Nearby Brent crude rose 2.1% to $75.26 a barrel.
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