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ShouChuang Futures: Releasing Strategic Petroleum Reserves! Oil Prices Drop Significantly
U.S. President Trump hinted that military actions against Iran will “end soon,” and the International Energy Agency (IEA) is considering releasing the largest strategic oil reserves in history (possibly up to 300-400 million barrels), greatly easing market fears of supply disruptions. However, due to the ongoing blockade of the Strait of Hormuz, normal navigation remains difficult in the short term, and reserve releases can only provide temporary relief. Therefore, the negative impact is limited, and oil prices continue to stay above 80 at high levels. Short-term strategy is mainly to observe. (Shouchuang Futures)