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Summary of Key News in Futures Night Trading
Futures Night Trading Highlights: United Offshore Information Center: Shipping through the Strait of Hormuz is almost completely halted; the main contract for European container shipping on the Shanghai Futures Exchange plummeted 11%; Trump falsely claims “must personally participate” in selecting Iran’s new leader; Qatar warns: Middle East conflict will force the Gulf region to halt energy exports within weeks, with crude oil prices potentially soaring to $150 per barrel in two to three weeks; U.S. officials: The U.S. temporarily permits India to purchase Russian oil stranded at sea.