Brent crude oil rose to $86.75. According to BlockBeats, on July 16, maritime traffic in the Strait of Hormuz hit a three-week low. International oil prices surged on July 18: Brent crude rose to $86.75 per barrel, and WTI climbed to $82.33 per barrel, rebounding from recent lows near $70. Data released by Kpler on July 17 showed that on July 16, the shipping volume of vessels transiting the Strait of Hormuz fell to 8 ships, the lowest level in nearly three weeks. Of these 8 ships, 7 chose the northbound Iranian route, reflecting shipping companies’ reassessment of regional security, crew safety, and insurance risks. Oil futures this week recorded double-digit gains. As concerns over the potential Houthi armed group’s attacks on Red Sea shipping actions intensify, further pressure is being exerted on energy prices. #GateDEX全面接入RobinhoodChain