Trump's "Peace Committee" Plans to Launch Stablecoin to Reshape Gaza Economy

Iran's energy facilities attacked, causing Brent crude to rise over 3% to $105 per barrel

On March 18, Iranian energy facilities came under attack, causing international oil prices to rise, with Brent crude approaching $105 per barrel. The market is monitoring the situation at the Strait of Hormuz, with analysts predicting oil prices will remain in the $95-$110 range. If further attacks occur, prices could surge by $10-$20 per barrel.

Fidelity International Analyst: Oil Prices May Remain Elevated in the Short Term, Expected to Stay Within $90-$120 Range

Gate News reported on March 18 that Salman Ahmed, analyst at Fidelity International, stated in a webinar that short-term oil demand is highly inelastic, and prices may remain elevated in the near term. He pointed out that oil prices are expected to remain in the range of $90 to $120, despite risks of further spikes. Ahmed believes that global central banks still have time to respond to the impact of Middle East conflicts, which may provide reasons for central banks to remain cautious. Additionally, Iran's effective blockade of the Strait of Hormuz (a critical global oil transportation channel) has caused oil prices to surge to around $100.

Beijing: Provides Support of Up to 50 Million Yuan for Demonstration Projects in "Artificial Intelligence+" in Key Areas

Beijing Municipal Government released "Several Measures to Promote Steady and Progressive Economic Development," proposing three supporting policies to promote artificial intelligence applications, including financial subsidies for computing power rental costs and high-quality solutions, as well as support of up to 50 million yuan for demonstration projects.

Analyst: Iran War May Prompt ECB to Lean Toward Rate Hikes, Market Expects 36 Basis Points Rate Increase by Year-End

Ebury analyst Matthew Ryan stated that Middle East conflict could make the European Central Bank more inclined to raise rates rather than cut them, as inflation spikes following the Russia-Ukraine war have made the central bank more vigilant about potential risks. He expects Lagarde will emphasize the importance of controlling inflation at Thursday's meeting.

QCP: BTC Oscillates Near $74,000; Multi-Country Central Bank Rate Decisions Key This Week

QCP Capital analysis indicates that BTC price is maintaining around $74,000, with a lack of upward momentum. Although the overall crypto market remains under pressure, the declines are relatively controlled. Central bank policy meetings throughout the year will influence the market, as high oil prices have lowered expectations for rate cuts, and the interest rate environment has weakened support for crypto assets. Until policy and geopolitical situations become clearer, a volatile pattern may continue.

France Says It's Willing to Help "Liberate the Strait of Hormuz," But Refuses to Get Drawn Into War

French Finance Minister Lescure stated that France is willing to help secure the Strait of Hormuz after the situation cools down, but on the condition that the war must stop. He emphasized that Europe has the capability to maintain maritime security, but is unwilling to engage in military operations amid the current conflict. This has sparked differences between Europe and the United States regarding military involvement in the Middle East, reflecting the complexity of energy security and its potential implications.