BlockBeats News, March 31st. According to The Wall Street Journal, President Trump has informed his aides that he is willing to end U.S. military action against Iran even if the Strait of Hormuz remains largely closed. Government officials say this decision could extend Tehran’s strong control over the waterway and postpone the complex task of reopening this key shipping lane to the future.
Influenced by this news, according to Bitget data, Brent crude oil briefly fell more than 3%, currently trading at $104.68 per barrel. Precious metals continue to rise, with spot gold breaking through $4600 per ounce, up over 2% intraday. Spot silver surpassed $72 per ounce, with a daily gain of 3.7%. U.S. stock index futures briefly rose more than 1%, with Nasdaq futures up 0.85%. The U.S. Dollar Index (DXY) briefly fell 0.3%, currently at 100.4.
