On March 27th, Investinglive analyst Adam Button stated that the Iranian Revolutionary Guard Corps (IRGC) has clarified the passage rules for the Strait of Hormuz today: any vessels traveling to or from ports of countries "supporting or allied with the Zionist-American bloc" will be prohibited from passing, regardless of their final destination or route. The emphasis on "port affiliation" here is crucial. Previously, the market had envisioned a scenario where crude oil could still flow through the Strait of Hormuz to "friendly countries" like India, thereby compressing the daily deficit to 2 to 3 million barrels through supply restructuring. However, based on the current statement, the IRGC appears to be preparing for a larger-scale conflict with other Gulf states, including the UAE and Saudi Arabia. Furthermore, weekend risks are gradually increasing in the market. Trump's statements are not always credible, and he has a past tendency to initiate military actions over the weekend. The US is currently amassing forces in the region, and the market is concerned that Trump might launch strikes on Kharg Island or other Iranian targets after today's market close or early Saturday morning. Whether this will lead to an escalation of conflict or a substantial blow to Iran remains highly uncertain. (Dongxin News Agency)