#Gate广场五月交易分享 #油价突破110美元 The Strait of Hormuz reignites with smoke and fire! Oil prices surge by 6% in a single day—Is the fourth oil crisis really coming?

On May 5, 2026, the international crude oil market was rocked again by a thunderclap of Middle Eastern geopolitical tensions. Just yesterday, the UAE oil industrial zone was suddenly attacked by Iranian missiles, with flames soaring into the sky; Iran further claimed to have "repelled" U.S. warships attempting to approach the Strait of Hormuz. Brent crude oil temporarily broke through $115 per barrel during trading, rising over 6%, while WTI stabilized above $106. When Trump threatened to "erase" Iran from the face of the Earth, the nerves of the global energy market had already been stretched to the limit. Today’s oil market—are we seeing a short-term spike, or the start of a new super cycle?

Middle Eastern Powder Keg: The "Life and Death Line" of the Strait of Hormuz
The Strait of Hormuz, the world's busiest oil transportation route, carries about one-third of global seaborne crude oil trade. However, since the escalation of the U.S.-Iran conflict, this "lifeline" has effectively been under blockade. Iran released a new map of the strait’s control, warning it will intercept all "illegal ships," and plans to legislate to strengthen military control over the strait. The Trump administration has launched the so-called "Freedom Plan," attempting to coordinate relevant countries, insurance companies, and shipping organizations through "non-military guided actions" to open the route, but without support from allies or guaranteed ceasefire, whether this mechanism can break the deadlock remains a huge question mark.
More concerning is that the UAE Ministry of Defense confirmed intercepting 12 ballistic missiles, 3 cruise missiles, and 4 drones on May 4, with three