The Iraq War has lasted 100 days—why hasn’t oil prices skyrocketed, and will they still surge in the future?

The Strait of Hormuz has been blockaded for over three months, cutting off more than 10 million barrels per day of Middle Eastern crude oil supply and causing the most severe oil supply shock in modern history.

Zhitong Finance15:08

The U.S. plans to use Iran's frozen assets to compensate Gulf states for their losses, potentially serving as a 'new incentive' in ceasefire negotiations.

① The U.S. government is considering using Iran’s frozen assets to repair and reconstruct damage in the Gulf region caused by Iranian attacks and to address potential future destruction; ② According to informed sources, U.S. Treasury Secretary Scott Bessent has directed his team to assess the associated costs; ③ Recently, mutual attacks between the U.S. and Iran have once again disrupted negotiations between the two sides, and peace talks now appear to have stalled.

cls.cn09:14

Energy Down With Oil Futures on Rate View -- Energy Roundup

Dow JonesJun 6 05:09

Express News | Adviser to Iran’s Supreme Leader: U.S.-Iran Talks Deadlocked Over Frozen Assets; Denies Meeting Between Supreme Leader and Trump

BreakingsJun 6 00:28

Internal UK government report warns that international oil prices could remain at $100 through 2028.

① The UK government forecasts that international crude oil prices could remain around $100 per barrel until 2028, as the restoration of energy shipping in the Gulf region may take longer than expected; ② The report notes that, in the worst-case scenario, oil prices could surge to $210 per barrel, significantly impacting global inflation and economic growth.

cls.cnJun 5 22:45

U.S. Labor Data Pushes Up Yields, Dollar Even as Oil Slips -- Market Talk

WSJJun 5 21:25