Guangda Futures: Geopolitical events fluctuate, oil prices surge at the opening.

date
13/04/2026
Last weekend, the US and Iran held direct talks in Pakistan. After 21 hours of marathon negotiations, the two delegations still failed to reach a consensus. Both sides remained uncompromising on core issues such as nuclear matters and strait control. The US Central Command announced that a naval blockade of all traffic in and out of Iranian ports will begin at 10:00 am Eastern Time on April 13. With the geopolitical situation escalating again, domestic crude oil prices surged at the opening today, then remained high throughout the day with fluctuations around 4% gains. It is expected that there may still be a high risk premium in oil prices during the interruption of traffic in the Strait of Hormuz.