According to Reuters and Axios, on May 1, the Hormuz Strait blockade entered its third month amid escalating U.S.-Iran tensions. Iranian Revolutionary Guards officials warned that any new U.S. military strikes, regardless of scale, would trigger "long and painful" attacks on American military

Geopolitical supply disruptions and synchronized central bank hawkishness are sustaining elevated energy prices and inflation pressures across global markets. WTI crude oil remains firmly above the $100 threshold at approximately $101.45, driven by ongoing US naval blockade of Iranian ports and

According to Odaily, White House National Economic Council Director Hassett stated the administration is considering increasing U.S. oil production soon and will maintain ongoing communication with oil companies to discuss how to boost domestic production.

According to BlockBeats and Hyperinsight monitoring, on April 30, Trade.xyz's traditional asset perpetual contracts deployed via the HIP-3 protocol on Hyperliquid recovered to recent highs, with open interest reaching $21.56 billion and accounting for over 90% of the HIP-3 market's total share.

According to Lookonchain, a whale deposited 11.94 million USDC to Hyperliquid and increased its WTI crude oil (West Texas Intermediate crude oil) long position. The address now holds 383,000 WTI crude oil long contracts worth 41.49 million

According to BlockBeats, on April 30, Hyperliquid early contributor Loracle increased short positions in WTI crude oil by approximately 3.5 million WTIOIL tokens worth $3.85 million, bringing total WTI short holdings to $15 million at an average price

According to Gate data, WTI crude oil hit $111 per barrel today (April 30), up 0.74% intraday. Brent crude rose above $112 per barrel, gaining over 1% during the same period.

According to Onchain Lens, a FalconX-linked wallet (0xEbE) deposited 11.94 million USDC into HyperLiquid on April 30 and increased its 20x crude oil (CL) long position to 202,000 CL, worth $21.6 million.

On April 30, Iran's Parliament Speaker Mohammad Baqer Qalibaf stated on X that U.S. government policies have driven oil prices above $120. He criticized what he described as "garbage advice" on oil market strategy and indicated that the next target price

Trust Wallet, the self-custody crypto wallet with over 220 million downloads, integrated Hyperliquid, a decentralized blockchain with $4 trillion in trading volume, on April 29, 2026. The integration enables users to access perpetual contracts and real-world asset (RWA) markets including oil,