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(1) According to geospatial analytics company Kayrros, Saudi Arabia's main oil storage facilities are rapidly being filled, as the key export channel, the Strait of Hormuz, remains effectively closed to shipping. (2) Kayrros co-founder and chief analyst Antoine Halff revealed that as of March 1, the Ju'aymah terminal on Saudi Arabia's east coast "will soon run out of remaining storage capacity." Meanwhile, at the Ras Tanura refinery, which was shut down following this week's Iranian attack, four out of its six storage tanks have already been filled. (3) Halff also pointed out that due to the closure of the strait, Iraq has begun to cut production at its largest oil field. He emphasized, "Iraq's lower storage capacity is a structural vulnerability. If the Strait of Hormuz continues to be blocked, other countries may soon face similar situations." Data shows that the total onshore oil storage capacity of the five Arab oil-producing countries in the Gulf region is about 350 million barrels. As of March 1, the observed crude oil inventories in these countries were about 175 million barrels. Halff added that actual operational capacity rarely exceeds 80% of nominal storage capacity.

PANews March 4th news, according to on-chain analyst Yujin's monitoring, a whale reduced his leveraged long position 4 hours ago: Sold 3,809 ETH at a price of $1,967 (7.49 million USD) (UTC+8); Sold 67.1 WBTC at a price of $67,692 (4.54 million USD) (UTC+8). Then, he used these 12.03 million USDT to repay his leveraged loan on the lending platform.

Golden Ten Data reported on March 4 that spot gold surged by $100 during the day, currently quoted at $5188.24 per ounce, an increase of 1.97%.