1. CBB incurred a loss of $3.81 million on short crude oil contracts, with a liquidation price of $120.76; 2. A whale’s short crude oil position was liquidated, resulting in a loss of over $1.55 million, after which the trader opened another $6.48 million short crude oil position; 3. With crude oil prices reaching $108, Hyperliquid users incurred $3.4 million in unrealized losses on short positions; 4. Peter Schiff: Surging oil prices will not fuel inflation but will trigger a recession; 5. A whale sold 2,879 XAUT, realizing a profit of $2.72 million; 6. Donald Trump: Oil prices will drop rapidly once the destructive actions related to the Iranian nuclear threat conclude; 7. Japan’s Nikkei Index fell 5.4%, marking its largest drop since the April tariff-driven sell-off; 8. MakerDAO founder’s 7x leveraged long position in crude oil shows a paper profit of over $1 million; 9. On Polymarket, the probability of the event “The UAE will launch a strike against Iran before March 31” surged to 84% at one point last night; 10. Mojtaba, son of Ayatollah Khamenei, was elected as Iran’s new Supreme Leader; 11. WTI crude oil surged 18%, breaking above $108 per barrel.