#iraqoilexportsfall75%
🚨 Iraq’s oil exports just took a major hit.
Iraq has reportedly seen crude exports fall sharply, from around 3.4M barrels/day to roughly 1.5M barrels/day, as the Strait of Hormuz disruption continues.
That’s a huge supply shock, and if the situation continues, energy markets could stay highly volatile. 🛢️📈
I’m staying cautiously bullish on energy perps while crude holds above $83.
If this volatility spills into broader markets next week, what’s your move? 👀
🛢️ Hedge with oil
₿ Accumulate the crypto dip
$BTC
| $CL
| $BZ
#crypto #bitcoin #oil #trading
🚨 Iraq’s oil exports just took a major hit.
Iraq has reportedly seen crude exports fall sharply, from around 3.4M barrels/day to roughly 1.5M barrels/day, as the Strait of Hormuz disruption continues.
That’s a huge supply shock, and if the situation continues, energy markets could stay highly volatile. 🛢️📈
I’m staying cautiously bullish on energy perps while crude holds above $83.
If this volatility spills into broader markets next week, what’s your move? 👀
🛢️ Hedge with oil
₿ Accumulate the crypto dip
$BTC
| $CL
| $BZ
#crypto #bitcoin #oil #trading