Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
US Oil Prices Rise, Americans Say They Can't Afford Further Increases
The blockage of shipping through the Strait of Hormuz caused by U.S.-Israel actions against Iran has driven up international oil prices. As winter ends, American households, as “the nation on wheels,” will see a significant increase in fuel consumption for their vehicles, and the soaring prices of refined oil products are imposing a considerable additional burden on the American public.
According to data from the American Automobile Association, the average price of gasoline in the U.S. has increased by over 20% compared to a month ago.
Truck driver Heather, in an interview, said that the rising fuel prices caught her off guard.
Truck Driver Heather Hickson-Griffith: I didn’t have a complete contingency plan. If fuel prices keep rising, I can only shut down my business—there’s no room for negotiation. I saved a small emergency fund last year, originally for unexpected issues like engine breakdowns, but now I have to use that money to buy gas. It’s really exhausting and overwhelming.
Some American citizens also believe that U.S. actions have led to the rise in oil prices.
Pennsylvania resident Joey Perillo: The actions taken by the president clearly provoke countermeasures, such as disruptions in the passage through the Strait of Hormuz. These consequences were at least predictable, and ultimately, the whole world suffers economic losses. That’s exactly what’s happening now.
Washington resident Jack Brennan: I don’t think Iran has any reason to open the Strait of Hormuz or make concessions now. It seems we may have made a serious mistake in judging this situation. I don’t believe this will be a short-term event, and I don’t know how we can quickly get out of this predicament.
(Source: CCTV News)