#贵金原油价格飙升 Affected by the Middle East situation, gold, silver, and crude oil prices surged collectively!


On March 1st, local time, it was reported that due to the ongoing escalation of the Middle East situation, international oil prices rose sharply. Brent crude oil prices once increased by nearly 13% on that day, reaching around $82 per barrel. Analysts pointed out that this round of increase, combined with the previous gains caused by escalating tensions, has resulted in a year-to-date cumulative increase of about 17%. Due to rising geopolitical risks and soaring energy prices, U.S. stock futures also declined in tandem. S&P 500 futures fell by 1.1%, Nasdaq 100 futures dropped by 1.2%, and Dow Jones Industrial Average futures declined by over 500 points, indicating a significant cooling of market risk appetite. Meanwhile, the U.S. dollar index rose by 0.3%. As of press time, spot gold increased to $5,341 per ounce, up 1.21%; spot silver was at $94 per ounce, up 0.48%.
Iran: If energy facilities are attacked, all oil and gas facilities in the region will be destroyed. On the evening of February 28th, the Iranian Islamic Revolutionary Guard Corps announced that after banning any ships from passing through the Strait of Hormuz, an oil tanker attempting to pass through the strait on March 1st was hit and began sinking. In the IRGC's announcement No. 8 issued on the evening of the 1st, Iran stated that three illegal U.S. and UK oil tankers in the Persian Gulf and Strait of Hormuz region were attacked by missiles. Additionally, the Revolutionary Guard issued a warning that if Iran’s oil and gas facilities are attacked, all oil and gas facilities in the region will be destroyed.
Since one-fifth of global maritime oil transportation passes through the Strait of Hormuz, some analysts believe that a blockade of the strait would have a significant impact on the international energy market, and international oil prices are expected to rise sharply in the short term.
Major oil-producing countries announce increased production in April.
OPEC issued a statement on the 1st saying that eight major oil-producing countries have decided to increase daily production by 206,000 barrels in April. Representatives from Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman held an online meeting to discuss the international oil market situation and outlook. The statement said that given the current global economic outlook is stable and oil inventories are low, the eight countries decided to adjust their production. To maintain market stability, the eight countries will flexibly adjust their increase pace based on market conditions.
These eight countries voluntarily reduced about 1.65 million barrels of crude oil per day in April 2023, and again announced an additional voluntary reduction of 2.2 million barrels per day in November 2023. Since then, these two major reduction measures have been postponed multiple times. During this period, oil production in the U.S., Canada, and other countries increased.
In March 2025, these eight countries decided to gradually increase crude oil production starting from April 1st of that year. Afterward, they maintained monthly increases until December. From January to March 2026, the eight countries announced a pause in production increases due to seasonal factors.
The geopolitical tensions in the Middle East have driven up gold prices, triggering a risk-averse sentiment in the precious metals market. Coupled with uncertainties brought by U.S. tariff policies, the global economy faces turbulence.
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