PANews April 19 news, according to Caixin, as the United States and Iran continue to negotiate a ceasefire, the "mysterious large orders" that appear at critical junctures have once again entered the crude oil market. According to market trading data and research agency The Kobeissi Letter, at 8:24 AM Eastern Time on Friday, the crude oil market suddenly surged without any news, with nearly 800 million dollars worth of transactions taking place in a short period, accompanied by a price plunge. Twenty-one minutes later, Iranian Foreign Minister Zarif announced that the Strait of Hormuz was "fully open" to all merchant ships. U.S. President Trump posted at 9:06 AM, thanking Iran for reopening the strait. By 9:10 AM, U.S. WTI crude oil futures had briefly dipped below the 80 dollars/barrel mark. The Kobeissi Letter estimates that this means the transaction generated a profit of 70 million dollars in less than an hour.

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