In early trading on July 19th, crude oil futures saw a significant surge. The price of Brent crude futures broke through $88 per barrel, while New York crude futures surpassed $84 per barrel, with gains exceeding 2% for both. According to the latest reports, the U.S. military has initiated a new round of airstrikes against Iran. Earlier, Iran's Deputy Foreign Minister, Gharibabadi, stated that Iran has ceased implementing the Iran-U.S. memorandum of understanding. The recently lowered fuel prices may continue to rise. The next fuel price adjustment is scheduled for 24:00 on July 31st. Currently, an increase of 240 yuan per ton (0.18 yuan to 0.22 yuan per liter) is projected.
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