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As tensions between the U.S. and Iran escalate, WTI crude oil rose more than 3% in early trading, approaching $74.
Svmuu News: According to Gate data, Iran announced over the weekend that it would close the Strait of Hormuz, and the U.S. launched two strikes against Iran early this morning, causing tensions between the U.S. and Iran to escalate once again.In early Monday trading, WTI crude oil rose more than 3%, approaching $74 per barrel; spot gold fell below the $4,100 mark, down nearly 0.8%; spot silver fell more than 2% to $58.65 per ounce; Nasdaq Composite futures fell 0.4%; the U.S. Dollar Index (DXY) strengthened by more than 10 points, while 10-year U.S. Treasury futures dropped 5 points.
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