---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42649015.md"
description: "$CHINAHONGQIAO(01378.HK) rose seven points, while $Pro Ultr Bloomberg Crude Oil(UCO.US) and $Us Brent Oil(BNO.US) rose even more directly—the recent US-Iran tit-for-tat in the Strait of Hormuz has raised market concerns about energy shipping lanes being cut off, pushing up oil prices. $Occidental Petroleum(OXY.US) and $CNOOC(00883.HK) also followed with slight gains, and aluminum prices rose along with this round of commodity inflation expectations. Geopolitical premiums are still self-consistent for now, but this kind of rally propped up by conflict can also fall back quickly."
datetime: "2026-07-14T10:32:39.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42649015.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42649015.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42649015.md)
author: "[漩涡激流](https://longbridge.com/en/profiles/26968421.md)"
---

# $CHINAHONGQIAO(01378.HK) rose seven points, while …


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