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Shouchuang Futures: Trump says he will carry out severe strikes on Iran in the next two to three weeks, causing a sharp rise in oil prices
This morning at 9 a.m., U.S. President Trump delivered a speech stating that in the next two to three weeks, there will be extremely severe strikes against Iran. If no agreement is reached, the U.S. will target Iran’s power plants. Previously, the market widely believed that Trump would announce a troop withdrawal, but the reality is quite the opposite—war with Iran may continue for another two to three weeks. This will significantly impact the recovery of oil supplies. Currently, the supply disruption caused by the blockade of the Strait of Hormuz has exceeded 10 million barrels per day. Even if navigation is restored, it will take more than a month for supplies to recover, meaning that the fundamentals of crude oil will remain strong through April. (Chuangchuang Futures)