Economic Observation Network The escalation of the US Iran conflict has pushed up international oil prices, causing fluctuations in the Hong Kong oil sector and affecting Kunlun Energy's related businesses.

Industry policies and environment:
From July 13th to 15th, the US Iran conflict escalated, and the US military resumed its maritime blockade of Iran. WTI crude oil briefly exceeded $80 per barrel This directly stimulated the collective rise of Hong Kong oil stocks on July 14th, with a daily increase of over 4% As a comprehensive energy company under PetroChina, Kunlun Energy's upstream exploration and LPG sales business is sensitive to oil and gas prices and is driven by emotions.

Event impact:
Oil prices are highly sensitive to geopolitical events, and if the situation eases, oil prices and sector sentiment may quickly decline. Xinda Futures pointed out that if the US and Iran return to negotiations, the short-term premium will quickly sell off 。

The above content is based on publicly available information and does not constitute investment advice.