
Experiencing pain

Iran Rejects "Ceasefire Agreement," US Plans "Ground Offensive," Oil Prices Surpass $115 at Opening
The escalation of the Middle East conflict, combined with risks in key maritime straits, has pushed Brent crude oil prices above $115 per barrel. Reports indicate the US is preparing ground operations and considering seizing Iran's highly enriched uranium, while Iran has rejected a "ceasefire agreement." Stagnation in the Strait of Hormuz, coupled with Houthi missile threats against Israel endangering shipping safety in the Bab-el-Mandeb Strait, has increased uncertainty in energy transportation. The market is shifting focus toward key energy nodes, including Kharg Island; should these become military targets, oil price volatility could be further amplified
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