The Samsung crude oil futures (03175) rose more than 6%, as of the time of writing, up 6.67% to HK$11.52, with a turnover of HK$22.8672 million. On the news front, according to Xinhua News Agency, on April 29th, Trump stated that he would continue to implement a naval blockade on Iran until they agree to a deal that addresses US concerns about Iran's nuclear program. He mentioned that the blockade is "to some extent more effective than bombing", and that Iran's situation "will only get worse", and he has no intention of lifting the blockade. Iran's state television quoted a senior security official as saying that Iran will soon respond to the US's "continuous piracy" with "unprecedented military action". Market concerns about escalating conflict in the Middle East, which continue to hinder global crude oil supply, have led to a further increase in international oil prices during the Asian trading session on April 30th, with Brent oil prices rising above $124 per barrel, reaching the highest level since the US's military action against Iran.