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On March 9th, the Middle East conflict continued to escalate, with Iran and Israel conducting mutual airstrikes. U.S. military bases were targeted, and shipping through the Strait of Hormuz was nearly halted, disrupting 20% of the global oil channels and forcing many countries to cut production.
Gold experienced slight fluctuations as funds shifted to oil as a safe haven. Oil became the focus today: WTI crude surged over 29%, breaking through $118.83 per barrel; Brent crude also rose to $118.9; domestic crude oil futures hit the daily limit. Institutions warn that if the shipping channels remain closed, oil prices could further spike, and global energy supply risks will sharply increase.
The daily increase was too large, and the gap has not been filled. It is not recommended to chase the rally #原油价格飙升 $BTC