Lates News

date
20/04/2026
Oil prices opened on Monday with a sharp increase of over 5%. Iranian Parliament Speaker Kalibaf immediately posted on social media: "Speculating in 'emotion-driven digital oil' is just like using 'emotion hedging' to allocate US Treasury bonds when the risk appetite in the Strait of Hormuz cools down - both are essentially a 'house of cards' that looks valid on paper. The difference is: oil at least has the 'Brent crude spot benchmark' as a bottom line; but US Treasury bonds? It's all supported by emotions from start to finish." Kalibaf also attached a financial terminal command to check the spot price of Brent crude oil.