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14:02
Trump: War Will Not Last Long, Oil Price Will Plummet After End
BlockBeats News, March 16th, Trump stated that Iran is "not ready" to make a deal, the cost of this conflict is "very minimal," and he believes that the war will not last long. Once the war is over, the oil price will plummet "like a rock." He declined to comment on deploying ground troops to Iran.
13:53
Oil prices fall as market concerns arise over the negative impact of efforts to reopen the strait.
Golden Ten Data reported on March 16 that oil prices fell more than 4% on Monday, dropping below $100 per barrel. The alliance action organized by the United States in response to Iran's closure of the Strait of Hormuz is pushing oil prices lower. However, traders are now also preparing for the possibility of a prolonged conflict, which could further impact oil prices. "Traders are increasingly viewing the duration of the conflict as uncertain, and this anticipated duration provides upward momentum for further volatility in oil prices," XS.com analyst Samer Hasan said in a report.
13:52
Bitget has launched USDT-margined CFG perpetual contracts with a leverage range of 1-20x.
Foresight News reported that Bitget has launched USDT-margined CFG perpetual contracts, with leverage ranging from 1 to 20 times. Contract trading BOT will be opened simultaneously.
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