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"In the face of a large-scale and sudden attack by the Iraqi army, the Kuwaiti army was caught off guard and quickly broke through the border defense line by the Iraqi army before it could organize effective resistance. The Iraqi army marched all the way and arrived in Kuwait City at about 11 o'clock Baghdad time on 3 August. At the same time, Iraqi marines lightly seized the islands of Bubiyan and Walbai in Kuwait and landed on the coastal side of Kuwait City, and cooperated with the main force to attack the palace of the emir of Kuwait City, the Prime Minister's Office, the Ministry of National Defense, radio and television stations, and other key departments. By 12:30 p.m. Baghdad time, Iraqi forces had quickly occupied Kuwaiti radio and television stations, surrounded the Emir's palace, closed the Kuwait International Airport, and continued southward with a portion of their forces. At 2:30 p.m., Iraqi forces captured the palace of the emir and took control of Kuwait City. During the hours-long battle to defend the palace, Prince Fahd, the president of the Olympic Council of Asia, and some members of the Kuwaiti royal family were tragically killed. The Emir King of Kuwait fled by plane to a United States warship anchored in the Persian Gulf and has now been transferred to Saudi Arabia. Crown Prince Saad and Prime Minister and most of his cabinet members were also forced to withdraw to the Kosha border area under the protection of part of the army. On the night of 4 August, Iraqi forces captured a number of important areas to the west and south of the Kuwaiti capital, thereby essentially taking control of all of Kuwait. According to American journalists, about 600 Kuwaiti soldiers were killed in the battle, and more than 5,000 protected Crown Prince Saad and other cabinet officials, and withdrew to Saudi Arabia, and most of the rest broke up or surrendered......"

Yu Dongfeng, who was eating dinner, pressed the remote control in his hand irritably and changed it.

"As a result of Iraq's invasion of Kuwait, major stock and futures markets around the world have experienced significant volatility. Since the beginning of this year, the price of Shijie crude oil, which has been declining for seven consecutive months, has risen strongly today, from $14 per barrel to $32 per barrel, and according to relevant sources, if the Iraq-Kuwait war cannot have a result in a short period of time, then it cannot be ruled out that the price of Shijie crude oil will continue to rise in the near future. On TV, the host broadcast the latest situation of Shijie crude oil prices with a heavy face.

Yu Dongfeng subconsciously grinned, how could such a big thing die down in a short period of time, even if Iraq had occupied the entire territory of Kuwait, but most of the Kuwaiti royal family and the Kuwaiti government had fled and received asylum from Saudi Arabia and the United States. The Kuwaiti royal family will certainly not give up on the restoration of the country like this, and it is difficult to say what the future of the Middle East will be.

Moreover, Yu Dongfeng also noticed that the attitude of the US Government became clear and tough not long after Iraq invaded Kuwait; not only were two aircraft carrier formations rushing to the Persian Gulf at a rapid pace, but US President Bush had already taken a clear-cut stand on the side of the Kuwaiti Government, demanding that Iraqi troops immediately withdraw from Kuwait and guarantee Kuwait's sovereignty, independence, and territorial integrity. The United Nations Security Council is holding urgent consultations, but so far, Shijie governments, as well as major international organizations, have universally and sternly condemned Iraq's undeclared war and invasion of Kuwait. Iraq's attempt to occupy Kuwait smoothly may not be so easy.

If this incident continues, it is very likely that the United Nations will impose sanctions on Iraq, and not only will Iraq's oil not be able to be shipped, but it may also lose its share of Kuwait's oil. So the continued rise in the price of Shijie oil is not a sure thing.

Prior to this, the price of Shijie oil had risen to a sky-high price of $40 a barrel during the last coup d'état in Iran and the second oil crisis caused by the Iran-Iraq war, and now, with eight dollars left to this record, Yu Dongfeng believes that as long as the situation in Iraq and Kuwait does not change fundamentally, it can be said that it is only a matter of time before this record is broken.

Yu Dongfeng has an indescribable bitterness in his heart, although he is not purely engaged in oil futures, but he has also been in the futures market for so many years, and he actually looked away this time! If it weren't for Mr. Guo's repeated insistence, I'm afraid he would have withdrawn from the oil futures market a long time ago. And how is it possible to obtain such considerable benefits at present!

By the time Iraq invaded Kuwait, 90 percent of the 3.5 billion Hong Kong dollars had been invested in the futures market due to Mr. Guo's insistence, leaving only more than 300 million yuan of "maneuvering." However, these more than 30 billion Hong Kong dollars of futures contracts have been worth a fortune for now. And that's not counting the nearly $150 million worth of futures contracts on the yen and dollar accounts.

Futures trading only needs to pay 5-10% of the performance bond to complete several times or even dozens of times of contract transactions. Due to the leverage effect of the futures trading margin system, it has the characteristics of "small and large", and traders can use a small amount of money to buy and sell in large quantities and save a lot of liquidity. Yu Dongfeng is also a frequent visitor in the futures market, so the average margin of these contracts is around 6% to 7%.

Yu Dongfeng had done the calculations before dinner, and the preliminary calculation showed that the total value of the oil futures contracts on hand had reached 160 billion Hong Kong dollars, and there was still a lot of room for growth in this amount. Although he had been mentally prepared, this amount still really surprised Yu Dongfeng, and he couldn't speak for a long time. It can be said that this is the most beautiful thing he has done since he engaged in futures trading! In just a few months, the yield is more than thirty times the principal!

It's just that in addition to being happy, it also makes Yu Dongfeng feel ashamed, this time futures trading, it can be said that he has not played any other decent role except as a trader, but at the beginning, it played a lot of hindering roles. By the time relations between Iraq and Kuwait were tense, there were already smart people in the futures market who had bought a large amount of money, and although Yu Dongfeng had made several efforts, he still had more than 300 million yuan of funds left in hand -- in fact, according to the meaning of Fang Mingyuan and Mr. Guo, all these investment funds had to be invested in the futures market, even if it was to raise funds again in the future, or to close the position at a loss in advance. But Yu Dongfeng has always been unsteady in his heart, so he always wants to keep a little more in his hands, and when the situation is clearer, there is no supply of goods if he wants to buy it. In the oil futures market, Middle Eastern oil has been bought out until November.

"This ginger is really old and spicy! I've never heard of Mr. Guo doing futures before, but this vision, this timing is like a god's hand. Yu Dongfeng, who was full of bitterness, pushed away the rice bowl, lit a cigarette, took a deep breath, let the smoke enter his lungs and turn around, and then spit it out again. Now, he can't raise his head in shame for what he did some time ago. If it weren't for his worries and procrastinating, how could he end up with more than 300 million Hong Kong dollars left unspent. This result, not only did not make Yu Dongfeng feel that it was an honor, but turned into a shame, making him unable to raise his head in front of Old Man Guo.

However, if he doesn't manage it, he must also go to meet with Mr. Guo and report the situation to determine whether to exchange it for cash and silver now, or to cover it in his hand again to see if he can obtain greater benefits. Although he is 90% sure that oil prices will climb in the near future.

The rapid rise in the price of Shijie oil has put unspeakable pressure on refiners in Shijie countries. Among them, especially the Japanese oil refiners, who are the most dependent on Middle Eastern oil, are the most troublesome. Japan is an extremely energy-poor country, and energy security has always been a "concern" for Japan. As one of Shijie's largest oil consumers, Japan has only a handful of oil fields along the coast of the Sea of Japan, and its production accounts for only 0.2% of the country's oil demand. Therefore, the Middle East, as the most important source of Shijie oil, has always been Japan's largest oil import channel, and the share of Middle East oil in Japan's oil imports exceeds 70%. For this reason, Japan has always attached great importance to oil diplomacy with a focus on the Middle East.

"Yaga! Why is the company's crude oil imports in August only so small? Even less than 70 percent of the usual amount, can it be said that now we at Scomo Petroleum Company have to use the company's reserve oil? A stocky Japanese man slammed the folder in his hand on the desk in front of him with a look of rage. Scomo Petroleum Co., Ltd. was established in 1986 and ranks third in Japan's oil industry. Its predecessor was formed by the merger of Japan's Osaka, Yumi and East Asian Petroleum Companies. It is a large-scale enterprise integrating crude oil extraction, transportation, refining, production and sales, in addition to more than 400 franchise subsidiaries and more than 4,000 gas stations in Japan. The company also operates in oil development, oil transportation, lubricant sales, petrochemicals and other businesses, and imports billions of dollars of oil from the Middle East every year.

"Hello!" The three Japanese men standing at their desks were half-bowed, their foreheads covered with sweat.

"What the hell is going on? Nakaichi Sato, as the head of the company's purchasing department, can you explain it to me? The Japanese man behind the desk set his eyes on the middle-aged man who was already half-bald at the desk.

"Hello!" Nakaichi Sato bowed deeply, took a step forward, picked up the folder that had just been dropped on the desk, turned to one of the pages, and said, "President Yamamoto, please take a look." ”