Oil prices jump 10%—this script is too familiar. Every time tensions rise in the Middle East, the market gets on edge, but escorting ships to charge a 20% toll… Is the US planning to turn the Strait of Hormuz into a toll booth?

View Original
CoinNetwork
Crypto news flash from CoinJie.com: Oil prices rose nearly 10% after Iran announced a full blockade. WTI crude oil rose $6.87 to $78.27, a 9.6% increase. Analysts say the U.S. will ensure oil flows through escort fleets while charging a 20% toll. The market has expressed doubts about the likelihood of the plan succeeding, and the risk of Iran attacking neighboring countries’ oil and gas infrastructure is also increasing. As oil prices climbed, gold fell by $123; the market expects that major oil-importing countries may need to sell reserves to maintain currency strength or buy oil.
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
Add a comment
Add a comment
No comments
  • Pinned