The crude oil black market has risen sharply! Iran’s Supreme Leader Mujtaba Khamenei’s latest statement

The crude oil black market has risen sharply! Iran’s Supreme Leader Mujtaba Khamenei’s latest statement.

Tensions in the Middle East cause oil prices to soar! In the early morning of July 19, the black market price of crude oil rose sharply. The black market price of Brent crude oil exceeded US$88/barrel, and the black market price of New York crude oil exceeded US$84/barrel, with increases of more than 2%.

According to the latest news, the US military has launched a new round of air strikes against Iran. Earlier, Iranian Deputy Foreign Minister Garibabadi said that Iran has stopped fulfilling the Iran-US memorandum of understanding.

On the evening of the 18th local time, Iran’s Supreme Leader Mujtaba Khamenei issued a statement accusing the United States of repeatedly violating its commitments in the Iran-U.S. Memorandum of Understanding, calling the U.S. President’s signature “worthless and invalid.” In addition, the U.S.

Central Command confirmed in a social media post on the 18th local time that two U.S. soldiers were killed by Iranian ballistic missiles and drones in Jordan on the 17th. Crude oil black market surges sharply In the early morning of the 19th, crude oil prices rose sharply in the black market.

As of press time, the New York crude oil black market and the Brent crude oil black market have increased by 2.25% and 2.10% respectively, with prices reported at US$84.20/barrel and US$88.82/barrel respectively. From Monday to Friday this week, the U.S. launched an attack on Iran, triggering a surge in crude oil futures.

WTI crude oil futures rose by as much as 15.5%, Brent crude oil futures jumped by nearly 16%, and the average price of U.S. gasoline approached $4/gallon. The sudden rise in oil prices reignited concerns about inflation, and technology growth stocks were suppressed.

The Philadelphia Semiconductor Index fell sharply on Thursday and Friday, and the weekly decline expanded to about 10%. Since the historical closing high on June 22, the Philadelphia Semiconductor Index has fallen by 20.2%, officially confirming that it has entered a technical bear market.

Deutsche Bank Research pointed out: "The combination of concerns about technology stocks and concerns about inflation has indeed weakened the more optimistic market sentiment after the softer U.S.

CPI data earlier this week." The sudden rise in oil prices has been negative in two aspects: first, rising energy costs have reignited concerns about a resurgence of inflation, delaying market expectations for the pace of interest rate cuts by the Federal Reserve, and squeezing the valuation of technology growth stocks that rely on remote discounted cash

flow; second, the strong performance of the energy sector (the only sector in the S&P 500 to close in gain) has accelerated the violent rotation of funds from technology stocks to value sectors.

Citigroup's Beata Mantei noted that the market's long-awaited market spread "has to have a rotation, and rotation sometimes happens in a quite violent way." More fundamentally, the inherent cyclicality of the semiconductor industry is beginning to be repriced by the market.

BRI Wealth Management noted that “the industry has been cyclical in the past” and that current valuations fully price in linear extrapolation of AI-driven demand.

When TSMC was unable to stop the decline even after announcing a record quarterly profit, the market signal was already clear - the AI narrative has shifted from the "infinite growth premium" stage to the "return verification" stage, and any marginal changes in the competitive landscape or macro level may trigger multiple contraction.

Tensions escalate in the Middle East According to Xinhua News Agency, citing Iranian media reports, Iran's Supreme Leader Mujtaba Khamenei issued a statement on the 18th, saying that the United States has repeatedly violated the memorandum of understanding it signed with the Iranian President, proving that the U.S.

President's signature is "worthless and invalid." Mujtaba said that the Memorandum of Understanding between Iran and the United States has once again been violated, and it has once again proved that "bullying, totalitarianism and barbarism are an integral part of American ideology and practice." Mujtaba emphasized that the United States will pay a heavier

price for its attempt to provoke a war, and the Iranian people and the "Resistance Front" will leave "an unforgettable lesson" to the United States. Mujtaba reiterated in the statement that Iran should maintain unity, eliminate political differences, and avoid division and conflict.

According to Iranian media reports on the 18th, Iranian Deputy Foreign Minister Garibabadi stated that Iran has stopped fulfilling the Iran-US memorandum of understanding after the United States violated its commitments. On July 18, local time, the U.S. Central Command stated that at 6 p.m. Eastern Time that day, the U.S.

military, on the order of the Commander-in-Chief of the Armed Forces, began a new round of air strikes against Iran.

The US military said the operation was aimed at further weakening Iran's ability to threaten commercial shipping in the Strait of Hormuz and quickly punishing the Islamic Revolutionary Guard Corps - the organization launched an attack on US military personnel in Jordan the night before. In addition, the U.S.

Central Command stated on the 18th local time that on July 17, two U.S. soldiers were killed and another U.S. soldier was missing while Jordan was responding to Iranian ballistic missile and drone attacks.

According to a report by Iran's Tasnim News Agency on the 18th, Iran's Islamic Revolutionary Guard Corps issued a statement that day, announcing that it had struck multiple US military targets in Kuwait, Bahrain and Jordan.

The statement said that in response to the US military's attack on the 17th, Iran's Islamic Revolutionary Guards used drones and missiles to attack the fuel supply terminal of the US fleet in Ahmadi Port, Kuwait and the fighter assembly area in Sheikh Issa, Bahrain, and destroyed an information data center in Bahrain.

In addition, Iranian naval warplanes also destroyed a signal communications center in Kuwait.

Iran's Islamic Revolutionary Guard Corps announced in another statement that day that it launched missile and drone attacks on fighter jet bunkers and large aprons at the Mu'wafeq Salati Air Force Base in Azraq, Jordan, destroying at least two fighter jets and three other aircraft, and causing serious damage to several aircraft.

According to CCTV news, on the 18th local time, Kuwait Petroleum Company stated in a notice that an "important" facility was violently attacked multiple times by Iran, causing many injuries and heavy losses. The injured have received medical assistance and the facility has been evacuated.

Kuwait Petroleum Company is coordinating with relevant authorities to respond to the attack. The notice did not mention the specific location of the facility that was attacked.

On the same day, the Kuwaiti Armed Forces stated that Iran launched attacks on the country's military infrastructure and important civilian infrastructure that day, causing injuries and property damage. Kuwait's air defense forces intercepted Iranian missiles and drones. (

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