v3 Chapter 726: US$1.1 billion floating profit (1/2)
Xia Yu started to deal with the backlog after finishing the arrangement of food matters.
He first picked up the summary sheet of major news events provided to him by Jiuding News Agency and looked at it.
Jiuding News Agency collects news from all over the world, large and small, and then uses it in different newspapers or TV stations according to the choice.
It would undoubtedly be unrealistic to let Xia Yu look at it this way, and he didn't have any leisure.
Therefore, it has been stipulated from the establishment of Jiuding News Agency that major and relevant news are listed separately and presented to him in a concise and clear format, so that he can control the changing international situation at any time.
From the day he went north, Xia Yu slowly browsed.
Facts have proved that the influence of Xia Yu's butterfly wings is not strong enough, and what should happen in Iran still happened.
Just a few days after Xia Yu left, on November 4, more than 4,000 students from Tehran, the capital of Iran, with the support of Khomeini, occupied the U.S. Embassy, tore off the U.S. flag, and hung it instead. The white flag with the words ”XX Great” and the detention of 66 American diplomats and American citizens as hostages for the United States to surrender the former King Pahlavi caused a huge sensation all over the world.
International crude oil prices skyrocketed instantly.
Then U.S. President Jimmy Carter immediately applied economic and diplomatic pressure on Iran. On November 12, 1979, the import of oil from Iran was terminated, and some Iranians were deported by the United States.
By November 14, the assets of Iranians worth approximately US$8 billion in the United States were frozen.
The contradiction has further intensified. In retaliation, Iran also imposed an oil embargo on the United States.
In just over ten days, the international crude oil price has risen to US$26.2 a barrel, and it is still gaining momentum.
Xia Yu immediately calculated an account in his mind.
Previously, the Galaxy Fund bought 4 billion US dollars worth of international crude oil futures at an average price of US$20.4 per barrel.
The value of this batch of crude oil futures has now risen to US$5.13 billion.
In just over ten days, the floating profit exceeded 1.1 billion US dollars!
After arriving at this number, Xia Yu's mouth curled up and he was in a good mood.
”Don't worry, don't worry, the price will rise!”
On the other hand, international crude oil prices have skyrocketed and Iran has imposed an oil embargo on the United States, which has reduced the amount of oil shipped from the Middle East to the United States, which has caused a certain impact on the tanker transportation industry.
The share prices of several major shipping companies in Hong Kong have been affected.
Although Huaguang Shipping is mainly engaged in container ships, it also has a large business in oil tanker transportation, which has also been affected.
Seeing Huaguang Shipping, Xia Yu thought that he hadn't paid attention to the progress of the equity acquisition after so long, and he didn't know how Wang Qi was doing.
Thinking of this, after Xia Yu spent more than an hour dealing with the backlog in his hands, he ordered the subordinates in the chairman's office to notify various companies to obtain the approved documents, and then planned to leave for Jiuding Securities.
Unexpectedly, as soon as he left the house, he saw Gavin Peter approaching with a pile of documents. After seeing Xia Yu, he immediately squeezed a smile and quickened his pace.
”It seems that I won't be able to go to Jiuding Securities this morning.”
Xia Yu secretly said in his heart.
Then he smiled and called Gavin Peter, who hadn't seen him for a long time, into the office.