Geopolitical risk premiums on the rise again, crude oil leads the energy and chemical sector

Golden Ten Data, Special Commentator from Everbright Futures: The situation in the Middle East is heating up again, and the global energy artery, the Strait of Hormuz, has been closed once more. Crude oil is leading the commodity market, with overnight Brent crude oil futures surging by more than 9%. On Tuesday, the main domestic crude oil futures contract broke through the 500 yuan/barrel mark. Geopolitical premiums have pushed short-term oil prices higher. Pay attention to the US-Iran situation, as any sign of easing may intensify oil price volatility.