The US-Iran Conflict Surges Again, WTI Crude Oil Sees Intraday Gain of Up to 7%

BlockBeats News, July 29th. Today, Trump made a tough statement on Iran, and the Israeli Prime Minister visited the United States, raising market expectations for a resurgence of US-Iran tensions.

Impacted by this news, according to Bitget market data, WTI crude oil saw a intraday gain of up to 7.00%, now trading at $83.7 per barrel. Brent crude is up 6.5%, trading at $87.3 per barrel.

#trump #Bitget

Correction/Report

RelatedRecommended

Crude Oil Surges 25%, Hyperliquid Unfolds On-Chain Showdown

Everyone is waiting for the war to end, but is the oil price signaling a prolonged conflict?

Oil is no longer just a byproduct of war but is becoming the war itself

Diesel pushes PPI up by one-third, why is a rate cut further away?

Diesel surges 24.1% in a single month, igniting U.S. PPI, Fed's September rate hike probability rises to 70%, and 30-year U.S. Treasury yield hits highest since 2007.

Binance is using its main platform to facilitate stock token liquidity, CME is set to launch 24-hour trading for oil, and will Hyperliquid's valuation anchor be changed?

CME, Binance, and NYSE/ICE are advancing traditional asset 24/7 trading, with Tradifi liquidity on Hyperliquid potentially being contested.

Gold Plunges 7% in Single-Day Crash, War Fails to Provide Haven｜Rewire News Evening Report

Gold Declines for Sixth Consecutive Trading Day, Marking Longest Losing Streak Since Late 2024

On-Chain Activity