ShouChuang Futures: The outlook for the Iran situation is unpredictable, and oil prices are expected to continue to stay high with sharp fluctuations in the short term.

2026-04-07 19:53:36

Middle East conflict continues to escalate. Trump threatens to destroy Iran’s oil wells. The Houthis have joined the fight, and shipping safety risks in the Strait of Hormuz and the Bab el-Mandeb have surged. Latest developments today: this morning, Trump told an aide that he is willing to end the war without reopening the Strait of Hormuz, and oil prices dropped sharply. The outlook for Iran remains difficult to predict. In the short term, oil prices will likely stay at elevated levels and continue to see violent, choppy price swings. It’s recommended to stay on the sidelines as the primary approach. (Chuangchuang Futures)

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