According to the CITIC Securities Research Report, the US-Iran negotiations have yet to achieve a major breakthrough. Oil tanker safety incidents in the Strait of Hormuz have increased, transportation costs have risen, compounded by the escalation of the armed conflict between Saudi Arabia and the Houthis, regional energy facilities and the Mander Strait shipping risks have risen, and uncertainty about crude oil supply and transportation continues to increase. It is expected that international oil prices will remain high and volatile for the rest of 2026, focusing on progress in negotiations, restoration of navigation in the strait, and changes in actual supply.

Zhitongcaijing · 1d ago
According to the CITIC Securities Research Report, the US-Iran negotiations have yet to achieve a major breakthrough. Oil tanker safety incidents in the Strait of Hormuz have increased, transportation costs have risen, compounded by the escalation of the armed conflict between Saudi Arabia and the Houthis, regional energy facilities and the Mander Strait shipping risks have risen, and uncertainty about crude oil supply and transportation continues to increase. It is expected that international oil prices will remain high and volatile for the rest of 2026, focusing on progress in negotiations, restoration of navigation in the strait, and changes in actual supply.