Commodities (Crude Oil & Copper) & Macro Outlook

According to Fitch Ratings, as the Iran conflict entered its 100th day, oil shocks are spreading and escalating credit risks across the Asia-Pacific region. The credit rating agency highlighted mounting financial stress in the region driven by commodity price

The Shanghai Containerized Freight Index (SCFI) European route main contract rose 5.00% intraday on June 8, reaching 3,846.5 points.

According to pricing documents, Saudi Arabia sets its Official Selling Price for Arab Light crude in July at a premium of $15.85/bbl to ICE Brent for Northwest Europe, and $12.60/bbl to Argus Sour crude for the U.S.

At around 2:00 a.m. Beijing time on June 8, 2026, Iran fired multiple rounds of missiles at Israel. This was Iran’s first direct military strike against Israel since the ceasefire on April 8. The immediate trigger for this attack was the Israeli military’s escalation of its military actions against Lebanon—especially the renewed airstrikes on the southern suburbs of Beirut. The Islamic Revolutionary Guard Corps defined this operation as a “direct response” to Israel’s cross-border attack. Unlike

According to Guru Club, Goldman Sachs' head of global metals and bulk trading Tony Kim said on June 8 that aluminum prices could further test $4,000 per ton, representing an additional roughly 10% upside from current levels. Kim highlighted that aluminum is facing a genuine supply gap due to

Saudi Aramco set the official selling price for Arab Light crude oil destined for Asia in July at a premium of $9.50 per barrel relative to the Oman/Dubai average price, according to a statement from the state-owned oil

Saudi Arabia reduced its official crude oil prices for Asia in July, marking the second consecutive month of price cuts. The specific price adjustment figures were not disclosed in the announcement.

Bitcoin (BTC) sees a slight rebound, trading around $62,948 as of June 8. Strategy CEO Phong Le refutes market rumors, stating clearly that the long-term goal is to continue accumulating Bitcoin. NVIDIA CEO Jensen Huang holds a press conference in Seoul, saying that AI-related stocks are currently very cheap. Macro Events & Crypto Hot Topics 1、Strategy CEO Phong Le posted on X that the company’s long-term strategy is to continuously increase the size of its net Bitcoin holdings and the number of

According to Bitget trading data, Brent crude oil and WTI crude oil surged intraday on June 8. Brent crude rose $4.01 to $96.04 per barrel, up 4.35%, while WTI crude gained $4.04 to $95.77 per barrel, up 4.40%.

According to Guru Club, WTI crude oil surged 4% intraday on June 8, trading at $95.41 per barrel.

According to Jin10 citing Nikkei, Japan's government and Japan International Cooperation Agency will begin investigating public and private oil reserve systems across Southeast Asian countries this summer. Japan has designated the Philippines as the top priority for strengthening regional energy

Low sulfur fuel oil (LU) futures main contract rallied 2.00% intraday on June 8, trading at 4,838 yuan per ton. The contract briefly dipped nearly 2% earlier in the session.

According to Guru Club, Brent crude oil surged 3% intraday on June 8, trading at $94.79 per barrel.

On the early morning of June 8, Iran fired multiple rounds of missiles at Israel. This was Iran’s first direct missile attack on Israel since the ceasefire on April 8; afterward, Bitcoin surged more than 2% to about $63,330. Axios reported that on June 7, Trump called Israeli Prime Minister Benjamin Netanyahu, urging him to “not retaliate.” Goldman Sachs expects that because the labor market is stronger than expected, the Fed will no longer cut rates this year. Iran-Israel Developments: Trump St

According to Jin10 Data, as of June 7, over 100 vessels remained anchored in the Strait of Hormuz, with most being cargo ships that have been stranded for weeks. Crews continue living aboard while receiving supplies via speedboats. Despite some vessels resuming transit, shipping activity remains

According to Haitong Futures report on June 8, European shipping rates surged by approximately $1,000 per container in early June, significantly outpacing the typical $300-400 monthly increase and entering a price-hike cycle expected to extend through July. The sharp rise was driven by

According to The Block, JPMorgan analysts said on June 8 that Strategy may need to rebuild its dollar reserves to restore investor confidence following recent sales of 32 bitcoins that "spooked" the market. The firm's dollar reserves currently cover only about 6.3 months of dividend payments.

According to CNBC citing OPEC+ sources, OPEC+ may increase its daily production targets by approximately 188,000 barrels starting July. The adjustment would bring output closer to previously planned levels amid global energy market

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market