[Tensions Between the U.S. and Iran Rise Again, Brent Crude Oil Price Climbs Back to $80 per Barrel] According to Golden Finance, on July 8, WTI crude oil futures rose by 7.49%, closing at $75.717 per barrel; Brent crude oil futures increased by 7.88%, closing at $80.006 per barrel. The main contract for domestic SC crude oil futures rose by 7.00%, closing at 487 yuan per barrel. In terms of news, U.S. President Trump stated in Ankara on the 8th that the U.S. might target Iran's civilian infrastructure and attempt to take control of Kharg Island. U.S. sources indicate that with the outlook of a 60-day ceasefire agreement between the U.S. and Iran remaining uncertain, oil tanker traffic through the Strait of Hormuz has 'essentially come to a halt.'