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Trump Ends US-Iran Memorandum, Geopolitical Risk Premium Returns
Trump Ends US-Iran Memorandum, Geopolitical Risk Premium Returns
Crude Oil Surges, Stock Markets Under Pressure, Bitcoin Drops Below $62,000.
Trump Ends US-Iran Memorandum, Geopolitical Risk Premium Returns
特朗普: I am a successful dealmaker, I am not on the same page as the Iranians

Odaily reports that U.S. President Trump said he is a successful negotiator. When talking about Iran, Trump stated, "When I deal with the Iranians, I find they are not on the same page as me." (Jinshi)

2026-07-08
特朗普: I am a successful dealmaker, I am not on the same page as the Iranians
Donald Trump: The US-Iran interim ceasefire agreement has ended

Odaily News: US President Donald Trump said at the NATO annual summit on Wednesday that the interim ceasefire agreement he reached with Iran has ended, adding, "As far as I am concerned, it was just a waste of time." Earlier, the US launched a new round of strikes against Iran and revoked exemptions that allowed the sale of Iranian oil. Trump stated that he would not prevent negotiators from continuing their engagement, but believes the Iranian side "is wasting time."

2026-07-08
Donald Trump: The US-Iran interim ceasefire agreement has ended
US crude oil and Brent crude oil both rose over 3% today

Odaily reported that, according to Gate data, US crude oil and Brent crude oil both rose over 3% today, now trading at $74.18/barrel and $78.08/barrel respectively.

2026-07-08
US crude oil and Brent crude oil both rose over 3% today
特朗普认为美伊谅解备忘录已终结

Odaily Planet Daily News: U.S. President Trump said at the NATO summit on the 8th that he believes the U.S.-Iran Memorandum of Understanding has "come to an end." (Xinhua News Agency)

2026-07-08
特朗普认为美伊谅解备忘录已终结
BTC drops below 62,000 USDT, 24H decline of 1.68%
Odaily reports that OKX market data shows BTC has fallen below 62,000 USDT, currently trading at 61,999.9 USDT, with a 24H decrease of 1.68%.
2026-07-08
BTC drops below 62,000 USDT, 24H decline of 1.68%
Spot gold breaks below the $4,100 mark

According to Gate markets, spot gold has fallen below the $4,100 per ounce mark and is currently trading at $4,099.78, down 0.14% on the day.

2026-07-08
Spot gold breaks below the $4,100 mark
Trump: The U.S. launched a powerful strike against Iran last night after it fired rockets at ships

Odaily Odaily reports: U.S. President Trump stated that the U.S. carried out a powerful strike against Iran last night in response to Iran firing rockets at ships.

Additionally, Trump said that the U.S. has long been treated "unfairly" within NATO, bearing a disproportionate share of spending; that Greenland is a major issue for the U.S.; and that he has instructed U.S. Treasury Secretary Bessent to terminate all trade with Spain, calling Spain a "lousy partner" within NATO. (Jin Shi)

2026-07-08
Trump: The U.S. launched a powerful strike against Iran last night after it fired rockets at ships
Iran will consider any location that supports a U.S. attack on Iran as a legitimate military target

Odaily reported on July 8, citing Iranian state media, that Iran's Supreme Joint Military Command stated Tehran will regard any location supporting a U.S. attack on Iran as a legitimate target (for strikes).

2026-07-08
Iran will consider any location that supports a U.S. attack on Iran as a legitimate military target
Iran condemns the United States and its allies for violating the interim agreement

Odaily, July 8 - Iran's Foreign Ministry stated that the violations of Iran's arrangements in the Strait of Hormuz, combined with Israel's ongoing strikes in Lebanon, are rendering the interim agreement ineffective.

2026-07-08
Iran condemns the United States and its allies for violating the interim agreement
Japanese and South Korean stock markets close lower, with South Korean stocks down over 5%

According to Gate data, the Nikkei 225 Index closed down 1,437.91 points, or 2.11%, at 66,819.05 on Wednesday, July 8. The Korea KOSPI Index closed down 409.53 points, or 5.35%, at 7,246.78 on Wednesday, July 8. The index triggered the "trading halt" mechanism during the session and has now fallen about 20% from its June highs, approaching a technical bear market.

2026-07-08
Japanese and South Korean stock markets close lower, with South Korean stocks down over 5%
伊朗布什尔省传出数声爆炸声

Odaily: Multiple explosions were reported in Iran's Bushehr province.

2026-07-08
伊朗布什尔省传出数声爆炸声
Iranian military says US military bases in the Middle East are "legitimate targets for strikes"

Odaily Odaily reports that according to the Islamic Republic News Agency, the Iranian military issued a statement on the 8th, stating that all US military bases in the Middle East will become "legitimate targets for strikes" by Iranian drones. The statement said that in response to the US attack on Iran's southern military and civilian areas and its violation of the terms of the Islamabad Memorandum of Understanding, the Iranian military used drones to strike the US military's Sheikh Isa Air Base in Bahrain. This operation is a response to the US's blatant and repeated violations of the ceasefire. (Xinhua News Agency)

2026-07-08
Iranian military says US military bases in the Middle East are "legitimate targets for strikes"
Iran announces preliminary response to the US: Targeting 85 key US military facilities

Odaily Odaily reported that the Islamic Revolutionary Guard Corps of Iran issued a statement stating that the United States has once again resorted to its habitual treacherous practices, launching airstrikes early this morning on several coastal bases and civilian facilities in the Hormozgan province and the coastal region of Mahshahr, blatantly violating the ceasefire agreement and trampling on the Islamabad Memorandum of Understanding.

As a preliminary response to this aggression, the Navy and Aerospace Forces of the Islamic Revolutionary Guard Corps carried out a joint missile and drone operation, destroying 85 important US military facilities located at Salman Port, the headquarters of the Fifth Fleet in Bahrain, and the Ali Al Salem Air Base in Kuwait. At the same time, an enemy MQ-9 drone attempting to intervene in the operation was shot down. (Jinshi)

2026-07-08
Iran announces preliminary response to the US: Targeting 85 key US military facilities
原油系期货主力合约集体走强

According to Odaily, data from Gate shows that crude oil futures main contracts collectively strengthened. SC crude oil rose 5.08%, currently trading at 461.7 yuan per barrel. Low-sulfur fuel oil (LU) increased by 5.59%, now at 3983 yuan per ton. Fuel oil rose 5.44%, currently at 3083 yuan per ton. Asphalt narrowed its decline to 1.04%, now at 3805 yuan per ton.

2026-07-08
原油系期货主力合约集体走强
The crypto market is in a broad decline, with the DeFi sector dropping nearly 9%

On July 8, according to SoSoValue data, the crypto market saw a broad decline, with 24-hour losses generally ranging from approximately 2% to 9%. The DeFi sector led the market downturn, falling by 8.77%. LAB (LAB) dropped 67.70%, Hyperliquid (HYPE) fell 4.30%, while EdgeX (EDGE) and Lido DAO (LDO) bucked the trend, rising 29.12% and 11.01%, respectively.

In other sectors, the CeFi sector fell 1.66% in 24 hours, with Cronos (CRO) down 3.91%. The Layer1 sector dropped 2.22%, while Zcash (ZEC) saw an intraday surge of 5.17%. The PayFi sector fell 2.30%, with Telcoin (TEL) showing relative resilience, rising 4.11%. The Meme sector dropped 2.73%, but MemeCore (M) posted a significant gain of 11.30%. The Layer2 sector declined 3.02%, with Mantle (MNT) falling 5.31%.

The crypto sector indices, which reflect historical sector performance, showed declines: the ssiSocialFi, ssiDePIN, and ssiAI indices fell by 9.26%, 6.50%, and 5.23%, respectively.

2026-07-08
The crypto market is in a broad decline, with the DeFi sector dropping nearly 9%
Iranian military warns US against intervention in the Strait of Hormuz, threatening a devastating response

Odaily reported that the Khatam al-Anbia Central Headquarters of Iran's Joint Supreme Military Command stated on Wednesday that the Iranian armed forces would deliver a "devastating response" to the U.S. military. This follows Iran's accusation that the U.S. military launched strikes on parts of southern Iran, labeling them as "acts of blatant aggression," and warning that Tehran will not allow U.S. intervention in the management of the Strait of Hormuz. The command stated that the only safe passage for commercial ships and oil tankers through the waterway is the route designated by Iran.

The U.S. military launched a new round of strikes against Iran on Tuesday, and after three oil tankers were hit by projectiles in the Strait of Hormuz, revoked licenses permitting Iranian oil exports, further pressuring an already fragile ceasefire agreement.

2026-07-08
Iranian military warns US against intervention in the Strait of Hormuz, threatening a devastating response