🛢️ Oil prices surged over the weekend as tensions between the U.S. and Iran intensified. With the Strait of Hormuz — an essential route for about 20 million barrels of crude and refined products daily — effectively shut, ship owners and insurers are avoiding the area amid heightened conflict risks. 📈 Asian oil and gas counters have rallied, with China National Offshore Oil Corporation (CNOOC) and PetroChina gaining over 8% since the start of the week. For investors looking to take long or short positions on CNOOC and PetroChina, SGX-listed Daily Leverage Certificates (DLCs) offer up to 5x leveraged exposure on individual stocks. Find out more at https://bit.ly/4o5ogQy.