BlockBeats message: On May 3, U.S. Treasury Secretary Bessent said that oil prices should fall significantly after the war. The futures market predicts that oil prices will decline. It is not surprising that more ships will pass through the Strait of Hormuz.
Iran has achieved little success in trying to impose transit fees on ships. The United States’ current energy exports have reached a record level; the only factor limiting U.S. energy exports is infrastructure. The United States is the “big winner” in the energy market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Newly Created Address Deposits $1M into Hyperliquid for 10x Long WTI Crude Oil Position Today
According to Onchain Lens data monitored by BlockBeats, a newly created address deposited $1 million into Hyperliquid to open a 10x long position on WTI crude oil on May 4.
GateNews1m ago
The United States will guide ships through the Strait of Hormuz, and the $80,000 Bitcoin level remains an important watch point
Tensions in the Middle East remain high. The United States says it will guide ships not involved in the conflict to pass through the Strait of Hormuz, and negotiations with Iran have been described as “very positive.” OPEC+ increases production by 188k barrels without including the UAE, and the oil market fluctuates amid diplomatic and supply changes. Bitcoin is edging toward 80k but still struggles to break through due to options structure effects; ETH is also rising in tandem. Demand for AI chips is strong, with Palantir and AMD’s earnings reports in focus. The market is watching AI investment growth and the outlook for technology stocks.
ChainNewsAbmedia50m ago
U.S. Military Deploys Missile Destroyers, 100+ Aircraft to Support Strait of Hormuz Operations on May 4
According to U.S. Central Command, the U.S. military will begin supporting "Operation Prosperity Guardian" on May 4 to restore commercial shipping freedom through the Strait of Hormuz. The presidential-directed mission aims to assist merchant vessels seeking unimpeded passage through the critical in
GateNews1h ago
US Stock Futures Gain 0.2%, Oil Falls 2% on Iran Deal Prospects
On Monday (May 4), US stock futures rose as improving risk sentiment was buoyed by prospects of shipping resuming through the Strait of Hormuz and progress toward a US-Iran deal. S&P 500 Index futures gained 0.2% after the underlying gauge closed at a record high on Friday. Brent crude declined 2% i
GateNews1h ago
TradFi Fall Alert: XTIUSD (WTI Crude USOIL) Falls Over 2%
Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews2h ago
U.S. Responds to Iran's 14-Point Proposal; Bitcoin Breaks $79K Then Retreats Amid Geopolitical Talks
According to BlockBeats, on May 4, U.S.-Iran negotiations entered a substantive text exchange phase following diplomatic talks. Iran submitted a 14-point proposal via Pakistan, outlining a three-phase roadmap with a full ceasefire within 30 days, port blockade lifting, and Strait of Hormuz reopening
GateNews3h ago
