Changes in Hong Kong stocks | Shandong Molong (00568) opened more than 8% higher, the US-Iran conflict escalated, the strait became volatile, and international oil prices surged more than 4%

The Zhitong Finance App learned that Shandong Molong (00568) opened more than 8% higher. As of press release, it had risen 8.54% to HK$5.34, with a turnover of HK$8.512 million.

According to the news, due to the escalation of the US-Iran conflict, WTI crude oil and Brent crude oil futures both surged more than 4% in early Asia-Pacific trading on July 13. As of press time, Brent crude oil futures have broken through the $79 mark. Following the US military's attack on Iran's 140 military targets last Saturday, on the evening of the 12th local time, the US Central Command posted news on social media that at 17:00 EST on the same day, the US military began a new round of attacks on Iran, “aimed at continuing to weaken its ability to attack ships freely passing through the Strait of Hormuz.” The Islamic Revolutionary Guard Corps Navy of Iran announced in the early morning of the 12th that the Strait of Hormuz will be closed from now on, and no ships will be allowed to pass through.