The sound of cannon fire in Hormuz has pushed Brent crude oil back to $83! The risk premium in the energy corridor is rising again, as crude oil bulls regain pricing power.

The Zhitong Finance APP learned that after media reports stated that Iran attacked "hostile targets" in the Strait of Hormuz, the international crude oil pricing benchmarkBrent crude futurescontinued to rise; at the same time, the Iranian side in Tehran is seeking to prohibit vessels from hostile countries such as the United States from entering this key waterway under the preliminary management agreement reached with Oman regarding the Strait of Hormuz.