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BlockBeats news, April 28 — According to shipping monitoring agencies and satellite data, Iranian crude oil exports are rapidly coming to a halt due to the blockade imposed by the US Navy. A large number of fully loaded supertankers are gathering near the waters of Chabahar port, just a step away from the US military control line. Data shows that currently, there are 6 to 8 VLCC supertankers and several medium and small-sized oil tankers anchored in the Oman Gulf region. In the past week, the US military intercepted and redirected two large oil tankers in this area. With the transport function of the Strait of Hormuz nearing paralysis, the size of Iran's offshore floating storage has risen to about 155 million barrels of crude oil. To maintain exports, Iran has even recommissioned an old tanker with a 30-year vessel age that had been out of operation for three years. According to Kpler data, Iran's remaining oil storage capacity can only last for approximately 12 to 22 more days. If the blockade continues, the market expects Iran to begin reducing output as soon as mid-May, with a scale that could reach 1.5 million barrels per day. Export data is also clearly deteriorating. Iran's average daily crude oil exports in March were still around 1.85 million barrels, but have recently dropped to about 567,000 barrels — a decrease of roughly 70%. Analysts point out that, since Iranian crude oil is mainly sold to Asia through indirect channels, the impact on revenues typically appears with a lag of 3 to 4 months, so the current blockade's shock to fiscal income has not yet been fully reflected.

Glonghui, April 28 – The Korea Composite Stock Price Index once rose by 1.48% intraday to 6,712.73 points, setting a new all-time high. It eventually closed up 0.39% at 6,641.02 points, reaching a new closing record. The Korea Composite Stock Price Index has surged by 57.59% year-to-date, continuing to lead the global equity markets. It is also worth noting that the market capitalization of the Korean stock market soared to 4.04 trillion US dollars, successfully surpassing the United Kingdom's 3.99 trillion US dollars and ranking eighth in the world.

The market expects that the significant price drop of Thai Golden Pillow durians will materialize after the May Day holiday this year. According to some fruit vendors, the period from May to July is usually when durians offer the best value for money, as prices are lower and both ripeness and taste are more consistent. After July, with a reduction in supply, durian prices may rise again. With the new crop of durians coming to the market in bulk, major supermarkets in Shenzhen have also seen a sharp fall in prices. At physical supermarkets, on April 27, the online mini-program of Rainbow Supermarket in Shenzhen listed Thai Golden Pillow durians at a discounted price of 26.9 yuan per jin, with a minimum order of 3.5 kg. The Walmart mini-program showed a fixed price of 143.49 yuan for 3 kg durians, making the actual unit price 23.9 yuan, significantly lower than before. “Durians in Shenzhen are already at 23.8 yuan per jin!” “Elephant Supermarket is 25.7 yuan/jin, really cost-effective!” Many Shenzhen netizens have also posted recent photos from supermarkets, with prices at Hema and Elephant Supermarket proving equally attractive.