ETF anomaly | Geopolitical tensions disturb oil prices breaking through $100 again GlobalX S&P Crude Oil (03097) rose more than 6% F Samsung Crude Oil Futures (03175) increased by over 4%

2026-04-23 11:24

Zhitongcaijing
Crude oil-related ETFs rose due to geopolitical conflicts, with GlobalX S&P Crude Oil (03097) up 6.36% to HKD 8.7.
Crude oil-related ETFs surged due to geopolitical conflicts, with GlobalX S&P Crude Oil (03097) rising by 6.36% to 8.7 Hong Kong dollars and F Samsung Crude Oil Futures (03175) rising by 4.45% to 10.21 Hong Kong dollars.
On the news front, early on April 23, international crude oil prices rose again, with WTI and Brent crude futures both rising by more than 2%. Brent crude oil broke through the $100 mark once again. The temporary ceasefire between the US and Iran ended on the morning of the 23rd. The US State Department Bureau of Consular Affairs posted on social media on the 22nd that, as Iran has announced the partial reopening of its airspace, US citizens in Iran should leave immediately. Citigroup stated that if the Strait of Hormuz is disrupted for another 2 months, it could result in a loss of approximately 1.7 billion barrels and push oil prices up to $130 per barrel.