[Futures Hotspot Tracking] With the countdown to the US-Iran talks on Tuesday underway, geopolitical risk premiums have subsided, causing a sharp drop in the crude oil market! However, severe obstruction of passage through the Strait of Hormuz and th

2026-08-03

[Futures Hotspot Tracking] With the countdown to the US-Iran talks on Tuesday underway, geopolitical risk premiums have subsided, causing a sharp drop in the crude oil market! However, severe obstruction of passage through the Strait of Hormuz and the Bab el-Mandeb Strait means that supply bottlenecks remain tight, and oil prices could reignite at any time.