Belinda Gleichman V44p

#BrentRisesAbove$90 — the risk premium is back Brent surged back above $90/bbl (+2.3%) this morning, with WTI near $85.4. The trigger: US strikes on Iranian rocket launchers at Larak Island in the Strait of Hormuz — the first openly acknowledged US attack on Iran since late July — followed by IRGC threats of retaliation. The move reverses last week's slide below $90 as markets reprice supply-disruption risk: ~ 83 commercial ships diverted , transit still contested despite US claims of cleared mines. Ripple effects: crypto risk-off ( $BTC -1.7% to ~$77.4K ), gold gap-down, Asia equities lower. With a hawkish Fed (rate-hike odds ~57%) in the mix, $90+ Brent = tighter squeeze on risk assets everywhere. Bottom line: the geopolitical premium is repricing, not fading — watch for any de-escalation headlines to hit the bid fast. $BZ $XAU #USThreeMajorIndexesFall #USStrikesIranianRocketLaunchers #About67MAmericansHoldCrypto #HormuzStraitFightingReignites