Guangda Futures: Iranian situation heats up, crude oil opens with a limit up.

Over the weekend, the US-Iran conflict quickly escalated, with an explosion in the center of the Iranian capital, Tehran, on the 28th. Israel sounded alarms across its territory and announced attacks on Iran. On March 1st, according to Iranian media reports, Iran's Supreme Leader Ayatollah Ali Khamenei, as well as several senior Iranian military officials, were killed in attacks by the US and Israel. As a result, crude oil prices surged both domestically and internationally, with domestic crude oil futures contracts hitting the limit up at the opening, followed by another limit up during trading, driving up all oil and chemical industry related stocks.