International oil prices opened higher on October 12. As of 6:30 a.m. Beijing time, Brent crude rose 0.83% to $105.59 per barrel, while U.S. crude gained 0.77% to $92.56 per barrel.

Gold and silver moved in opposite directions, with spot gold slipping 0.2% to $4,186.17 per ounce and spot silver rising 0.23% to $60.93 per ounce. Major cryptocurrencies advanced broadly, with Bitcoin up 0.76% at $83,611 per coin. In the past 24 hours, more than 57,000 traders across the market were liquidated.

U.S. stock index futures opened slightly higher across the board, with Dow Jones futures up 0.05%, Nasdaq futures up 0.23%, and S&P 500 futures up 0.12%.

Turning to the latest Middle East developments.

According to CCTV News, a loud explosion was heard and black smoke was seen rising in Riyadh, the capital of Saudi Arabia, on the 11th local time. Saudi Arabia's General Authority of Civil Aviation issued a statement saying that King Khalid International Airport in Riyadh was attacked again that afternoon, resulting in injuries.

On the evening of October 11 local time, Yemen's Houthi armed group issued a statement claiming that over the past 24 hours, the Kingdom of Saudi Arabia launched 124 airstrikes on Yemen's capital Sanaa and Taiz province and other areas. The Houthis said they carried out four rounds of military operations against targets inside Saudi Arabia using ballistic missiles, cruise missiles and drones.

Iran's military released footage of an oil tanker exploding after hitting a mine in the Strait of Hormuz.

According to CCTV News, on the 11th local time, Iran's Islamic Revolutionary Guard Corps released a video showing the moment an oil tanker exploded and caught fire. The Revolutionary Guard said the tanker had been preparing to leave the Strait of Hormuz but shut off all navigation systems, violating navigation rules in the strait, and the incident was triggered by taking a prohibited route without authorization. The Revolutionary Guard said this was the third oil tanker since the 10th local time to hit a mine and catch fire in the Strait of Hormuz after unauthorized passage through a prohibited shipping lane.

Iran said the United States has accepted some of its conditions.

According to Xinhua News Agency, Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said on the 11th that the United States has accepted some of Iran's conditions regarding the reopening of the Strait of Hormuz, but the situation remains unclear regarding other conditions raised by Iran. Rezaei said "Iran believes this is insufficient." He stressed that the U.S. side must clarify certain ambiguities, and Iran needs to see whether Washington can dispel Tehran's doubts so that follow-up work can proceed. Rezaei said that if the United States again launches aggression against Iran, U.S. assets in West Asia, including critical data systems and artificial intelligence facilities, will become strike targets. Iran is ready to demonstrate new military capabilities if war reignites.

Iran's military: vessels that shut down navigation and identification systems in the Strait of Hormuz will be treated as hostile targets.

According to CCTV News, on the 11th local time, the naval force of Iran's Islamic Revolutionary Guard Corps announced that all vessels that shut down navigation and identification systems in the Strait of Hormuz will be regarded as "hostile targets" and will be dealt with severely and decisively.