Iran IRGC closed the Strait of Hormuz over the weekend and fired on passing commercial ships, marking the latest escalation in the ongoing crisis that began in February 2026. The strait handles approximately 20% of global oil supply; Brent crude peaked near USD 120/bbl during the prior closure and is expected to surge significantly at Monday's open.

中东局势再次升级,油价飙升,再加上上周末美股市场大跌,海峡指数再次下挫。

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☕️ [Task Coins Giveaway] Daily Market Talk — Iran Closes Strait of Hormuz

IRGC closed the Strait of Hormuz and fired on ships. S&P 500 fell 2.6% Friday on the NFP beat. Apple WWDC opens tomorrow. SpaceX lists Friday.

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