European Aviation Safety Agency (EASA): The conflict zone notification regarding Iraqi airspace is valid until August 31.

Spain's IBEX35 index fell by 1.00% on the day.

CNN analyst Stephen Collinson: People may wonder why the US military wants to bomb Iran again. After all, US President Donald Trump only last month described the deal to end the war as Iran's "unconditional surrender." However, the United States launched strikes against Iranian targets on Tuesday in response to a series of attacks on shipping near the Strait of Hormuz; one official called the strikes "punitive" and "disproportionate." In addition, as a result of the determination that Iran had violated the MOU, The United States also reimposed oil sanctions. The new attacks raise immediate questions: Can the fragile ceasefire deal survive its toughest test since it was signed? How can Trump admit that the war is over if Iran is still threatening shipping security on this key oil shipping channel and the United States is attacking its ports again? The escalation of the situation comes at a sensitive moment. Iran is holding a funeral for its supreme leader Ayatollah Ali Khamenei, who died early in the war. His latest move seems to be intended to demonstrate to Trump, who is attending the NATO summit in Türkiye. And show off the leverage it thinks it gained during the war. The latest U.S. action did little to improve the mood at a NATO summit after Trump blasted allies for not participating in the military operation because they considered it illegal and outside the Western alliance's defense role. Trump has threatened that if Iran violates the memorandum of understanding, "we will not hesitate to drop bombs directly on their heads." But he also desperately wants to end the war - a war that has cost him a heavy political price, And he has warned it could trigger another Great Depression. Trump once again realized that it is easy to start a war with Iraq, but it is much harder to end it.

The German DAX30 index opened on July 8 (Wednesday), down 177.15 points, or 0.69%, to 25312.11 points;The British FTSE 100 index opened on July 8 (Wednesday), down 33.71 points, or 0.32%, to 10632.17 points. ;The FCHI index opened on July 8 (Wednesday), down 49.27 points, or 0.58%, to 8386.97 points;The European Stoxx 50 Index opened on July 8 (Wednesday), down 32.61 points, or 0.52%, to 6287.25 points; The Spanish IBEX35 index opened down 131.27 points, or 0.67%, at 19508.93 points on July 8 (Wednesday); The Italian FTSE MIB index opened at 52252.50 points, down 202.94 points, or 0.39%, on July 8 (Wednesday).

At midday closing, the main domestic futures contracts rose more than they fell. SC crude oil, low-sulfur fuel oil (LU), and fuel oil rose by more than 6%, pure benzene rose by more than 5%, styrene (EB) and methanol rose by more than 4%, propylene rose by nearly 4%, and polypropylene rose by more than 3%. In terms of decline, industrial silicon, stainless steel (SS), and lithium carbonate fell by more than 2%, apples and cotton fell by more than 1%, and Shanghai Nickel, sugar, and cotton yarn fell by nearly 1%.

1. Iran can still continue to sell oil if it can find a willing buyer for its oil. It's just that Iran will have to sell its oil less, but this loss will be offset by the increase in oil prices caused by the new hostilities. 2. Since the blockade was lifted, Iran has been able to sell the 100 million barrels of oil it has produced at a pretty good price (about $65-70 per barrel). In this way, the Iranian authorities can earn approximately US$4 billion. 3. Only by reinstating the U.S. Navy’s blockade measures, To stop Iran from selling oil. But that would mean the outbreak of another war. (Bloomberg commodities columnist Javier Blas)