[The U.S. Does Not Intend to Release Oil from Strategic Reserves] According to a report by the Financial Times, cited by Jinse Finance, the United States is not considering releasing oil from its Strategic Petroleum Reserve, indicating that Washington believes the rise in oil prices following Iran's attack will be limited. A U.S. Department of Energy official stated that there has been no discussion regarding the Strategic Petroleum Reserve. The report noted that the U.S. currently holds approximately 415 million barrels of oil in its strategic reserves, kept for emergencies. The market widely expects that a new round of conflict in the Middle East will disrupt energy supplies, leading to a rise in oil prices after the New York market opens. Additionally, according to Iranian media, the Strait of Hormuz, a critical oil shipping route, has effectively been closed. (Jin10)