Iran controls the Strait of Hormuz, while Iraq and Pakistan have both secured agreements for energy navigation.

Iraq and Pakistan have separately reached confidential agreements with Iran, securing permission for oil and LNG shipments through the Strait of Hormuz. Multiple countries are currently in line to negotiate transit rights.

Golden10 Data08:40

Rising Oil Prices and U.S. Bond Yields Heat Up 'NACHO Trade'

As the ceasefire negotiations between the United States and Iran have fallen into a deep deadlock, a new trading narrative is rapidly taking shape on Wall Street—"NACHO" (the Narrowing Assumption that the Channel will Hold Open). Markets are increasingly treating the blockade of the Strait as a 'normalized feature' of the macro environment, an expectation that is driving the continued diffusion of a set of combined trading strategies: going long on crude oil, shorting long-dated U.S. Treasuries, and increasing holdings in inflation-protected assets.

wallstreetcn09:22

The 'crude oil futures' of the AI world are coming: CME announces the launch of a computing power futures market.

①The CME Group announced a partnership with Silicon Data to launch the world's first AI computing power futures market, currently pending regulatory review; ②The press release explained that computing power is regarded as a core resource for AI development, with demand continuously surging, yet the market lacks tools to hedge against price volatility.

cls.cn00:47

Express News | Iranian Official: If Attacked Again, Iran May Choose to Increase Uranium Enrichment to 90%

BreakingsMay 12 15:04

Today's Yen Market Outlook: The USD/JPY pair is expected to trade mainly in the 157-yen range, with potential strengthening of dollar buying and yen selling amid concerns over rising crude oil prices.

[Opening Comments on the Foreign Exchange Market] On the 11th, the US Dollar-Japanese Yen pair rose from 156.54 yen to 157.18 yen in the Tokyo market. In the European and US markets, it fell to 156.95 yen but rebounded to 157.27 yen, closing at 157.24 yen. On the 12th, the US Dollar-Japanese Yen is expected to trade primarily in the 157 yen range. Concerns over rising crude oil prices may temporarily strengthen demand for buying the US dollar and selling the yen. According to reports, the latest peace proposal from Iran was rejected by the US, prolonging the ceasefire situation.

Fisco JapanMay 12 06:03

The UAE involved in the conflict? Reports claim it secretly attacked Iran, hitting an oil refinery on an island in the Persian Gulf in April.

According to reports, the UAE has long attempted to maintain a relatively balanced position between Iran and the West. However, as Iran's ongoing missile and drone attacks on the UAE territory continue to impact key industries such as aviation, tourism, and real estate, the UAE government’s stance has shifted, increasingly favoring the use of its advanced military capabilities to directly counter the Iranian threat. Following the report, crude oil prices extended their gains, with West Texas Intermediate (WTI) climbing towards $99 per barrel.

wallstreetcnMay 12 05:27