Gate News, March 8 — As of the close of the traditional markets on March 6, Brent crude oil was at $93.04, and WTI crude oil was at $90.9. Influenced by the weekend production cut news from Middle Eastern oil-producing countries, the corresponding assets on the Hyperliquid platform showed significant premiums, with Brent crude at $97.47 and WTI at $95.83, representing premiums of 4.76% and 5.42%, respectively. A similar scenario was observed last weekend: on February 28, due to the escalation of the US-Iran conflict, on-chain gold prices represented by PAXG and XAUT surged dramatically, with the on-chain market experiencing black swan events during the traditional market holiday. Assets affected by force majeure may experience sharp price fluctuations; investors should exercise caution.
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