Recently, the situation in the Middle East has suddenly heated up, and a series of major events and rumors have drawn high attention from the international community. Iran's Islamic Republic Radio and Television reported on the 13th that Hussein Salami, the commander-in-chief of Iran's Islamic Revolutionary Guard Corps, was assassinated by Israel in the early hours of the same day. However, this news has not yet been officially confirmed. Meanwhile, military conflicts in the Middle East have already broken out.
Israel took the initiative to strike and clearly defined the goals of military operations
On the 13th local time, Iran's Natanz nuclear facility was attacked by Israel. The scale of the damage caused by the attack is still unclear at present. On that day, Israeli Prime Minister Benjamin Netanyahu delivered a televised speech, stating directly that Israel had launched a military operation against Iran's nuclear facilities not long ago, with the aim of stopping Iran's threat to Israel. He also emphasized that this operation would last for several days until the threat was eliminated. Netanyahu also made it clear that the objective of the Israeli military operation is "to strike Iran's nuclear facilities, ballistic missile factories and military capabilities".
The United States intervened and held a cabinet meeting to discuss countermeasures
The United States has also been involved in this tense situation. According to CNN, a White House official and two sources familiar with the plan disclosed that due to Israel's "preemptive strike" against Iran, US President Trump held a cabinet meeting on the evening of the 12th (US time), and it is expected that the meeting will focus on discussing the US response to the development of the situation. Shortly after 8 p.m. on the 12th, someone saw Trump leave the scene of the White House congressional picnic. This series of actions further highlighted the urgency of the situation.
The situation heats up and the energy market fluctuates sharply
The sudden escalation of the situation in the Middle East has rapidly caused a strong shock in the economic field. As a result, the international crude oil market price has soared sharply, with the main futures contracts of Brent crude oil and WTI crude oil both rising by more than 8%. Among them, WTI crude oil reached a high of $74.35 per barrel, hitting a new high since February 3rd. The price of Brent crude oil peaked at $75.28 per barrel, reaching its highest level since April 2. In addition, the futures of polyester raw materials such as PTA and ethylene glycol have also seen a sharp increase, which undoubtedly exerts huge cost pressure on the polyester industry chain downstream of crude oil.
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With the sudden escalation of the situation in the Middle East, where will textile export orders go?
