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

Breakings15:04

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 Japan06:03

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.

wallstreetcn05:27

Major Wall Street banks analyze the crude oil market: 'A race against time'! Whether oil prices will break records depends on June.

Oil Price 'June Judgment Day': If China and the US buffer runs out, Brent crude oil may surge to a historical high.

Zhitong FinanceMay 11 20:39

Express News | According to the Wall Street Journal, sources reported that the UAE had previously carried out a military strike against Iran. The UAE’s attack included an assault on an oil refinery located on Iran's Lavan Island. The UAE has not publicly acknowledged it

Breakings04:12

Saudi Aramco CEO: If the Strait of Hormuz remains closed, global oil markets could lose 100 million barrels of supply per week.

①Amin Nasser, CEO of Saudi Aramco, warned that a supply disruption in the Strait of Hormuz could lead to a loss of approximately 100 million barrels of crude oil per week in the global oil market; ②Nasser pointed out that if the reopening of the Strait of Hormuz is delayed by several weeks, the oil market may not fully return to normal until 2027. Meanwhile, Saudi Aramco is exploring options to expand the export capacity of Yanbu Port in the Red Sea to more than 5 million barrels per day.

cls.cn03:01