The situation in Iran worsens further, and oil prices soar.

The Supreme Leader of Iran was attacked, and the new leader (Muqtada al-Sadr) took office. Regional conflicts have escalated into full-scale war, the Strait of Hormuz remains blocked, and Gulf countries are facing passive production cuts due to inflation. Crude oil futures hit the daily limit up. According to options parity calculations, the current April contract price is approximately 870-880, and the May contract is around 750. In the short term, the outlook remains bullish, and it is recommended to hold long positions. (First Innovation Research)

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