The Zhitong Finance App learned that due to another attack on each other by the US and Iran, the two sides have different opinions on whether the Strait of Hormuz is still open to shipping, and international oil prices rose on Monday. Benchmark Brent crude oil rose above $78 per barrel, with a cumulative increase of 5.4% last week; WTI crude oil traded around $74, and European gas futures also rose 2.7% at one point. The Iranian side claimed that the strait was “closed indefinitely from now on” — but the US Central Command immediately denied it and said that its forces had launched more attacks to ensure freedom of navigation on the waterway.

The Zhitong Finance App learned that due to another attack on each other by the US and Iran, the two sides have different opinions on whether the Strait of Hormuz is still open to shipping, and international oil prices rose on Monday. Benchmark Brent crude oil rose above $78 per barrel, with a cumulative increase of 5.4% last week; WTI crude oil traded around $74, and European gas futures also rose 2.7% at one point. The Iranian side claimed that the strait was “closed indefinitely from now on” — but the US Central Command immediately denied it and said that its forces had launched more attacks to ensure freedom of navigation on the waterway.