🚨 Oil falls for the 2nd consecutive week after Trump’s move on Iran 🛢️📉
The energy market is at a critical juncture, and volatility is showing no letup. Here are the 4 key things happening today:
1️⃣ Sanctions instead of bombs: Donald Trump said the U.S. "doesn’t need a deal" to end the conflict with Iran and that it already controls the Strait of Hormuz. The market reads this clearly: economic strangulation and an oil blockade are coming, but the risk of all-out war is lower. 🛑🚢
2️⃣ Prices are falling: Brent is hovering around $96 USD, and both it and WTI are on track to lose another 2% for the week (adding to last week’s 16% and 13% plunge). 📉
3️⃣ More supply, less demand: U.S. crude inventories unexpectedly rose by 4.7 million barrels, and the IEA confirms that global supply now exceeds demand for the first time since February. 📦⚖️
4️⃣ What’s next? Analysts expect a sideways market: no peace deal in sight, but no immediate military escalation either, although attacks in Saudi Arabia continue to put a floor under risk. ⚠️
💡 Impact on Crypto: Cooling oil prices ease global inflationary pressure and give risk assets some breathing room. Do you think crude will keep falling, or will it bounce back again? 👇💬
#Trump #Iran #Economia #binancesquare #News
The energy market is at a critical juncture, and volatility is showing no letup. Here are the 4 key things happening today:
1️⃣ Sanctions instead of bombs: Donald Trump said the U.S. "doesn’t need a deal" to end the conflict with Iran and that it already controls the Strait of Hormuz. The market reads this clearly: economic strangulation and an oil blockade are coming, but the risk of all-out war is lower. 🛑🚢
2️⃣ Prices are falling: Brent is hovering around $96 USD, and both it and WTI are on track to lose another 2% for the week (adding to last week’s 16% and 13% plunge). 📉
3️⃣ More supply, less demand: U.S. crude inventories unexpectedly rose by 4.7 million barrels, and the IEA confirms that global supply now exceeds demand for the first time since February. 📦⚖️
4️⃣ What’s next? Analysts expect a sideways market: no peace deal in sight, but no immediate military escalation either, although attacks in Saudi Arabia continue to put a floor under risk. ⚠️
💡 Impact on Crypto: Cooling oil prices ease global inflationary pressure and give risk assets some breathing room. Do you think crude will keep falling, or will it bounce back again? 👇💬
#Trump #Iran #Economia #binancesquare #News
