The conflict in the Middle East continues to escalate, with the US and Israel conducting intensive airstrikes on Iranian military targets. Iran has launched multiple rounds of missile and drone counterattacks, causing the Strait of Hormuz to be congested and shipping costs to soar. China is actively mediating, calling for an immediate ceasefire and a return to negotiations. On the Russia-Ukraine battlefield, the Russian spring offensive is progressing, and the EU summit is discussing aid to Ukraine, though disagreements remain.

Financial markets are experiencing heightened risk aversion: spot gold remains steady at $5,100, with silver rising in tandem; international crude oil prices surged significantly, with WTI breaking through $81 per barrel. US and European stocks collectively declined, US bond yields rose, and global inflation and supply chain pressures intensified. Iran has not completely blockaded the strait but has restricted passage for hostile country ships, keeping energy and shipping risks elevated, and global asset volatility has increased. #GateforAI重磅上线 $ETH