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Futures
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NEW
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Lending Center
One-stop lending hub
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Customized wealth management empowers your assets growth
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Top asset management team helps you profit without hassle
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NEW
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Activity Center
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20 USDT
Earn 40% commission or up to 500 USDT rewards
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Proof of Reserves
Gate promises 100% proof of reserves
Analyst: Iran's attack does not affect the oil market, the Strait of Hormuz is unlikely to be closed.
On June 24, Mizuho analyst Robert Yawger stated that the oil market believes Iran’s recent attack indicates its inability to respond effectively, and it has not reduced any oil supply from the market.
I don’t think Iran will close the Strait of Hormuz. In any case, it would be like lifting a stone to hit one’s own foot. If they close the strait, it will prevent them from exporting to their main customers.