Look, bro, something big is happening in the market today. First, let’s talk about the Red Sea. The Houthis have taken control of the Bab al-Mandeb strait and Saudi’s East-West pipeline has been shut down. Diesel prices have reached a record $6 per gallon. Oil prices are rising. This has opened a new front in the Middle East. Capital One and JPMorgan have decided to fight against Trump. Both of them think it’s better to fight than to settle. Interesting move. The CDC said that the US’s record cyclosporiasis outbreak has ended. One problem less. In AI news, the CEO of Hugging Face commented on a warning from a researcher at Anthropic. He said it’s just like asking an AC unit about climate change. A bit harsh, but the point is there. For me, the most important news is the one about the Red Sea. Oil and diesel prices will have a direct impact on everyone. Shipping routes are being disrupted. What do you all think—will oil prices keep going up, or is this a temporary spike?
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Economy #Oil #BigTech
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Disclaimer: My personal analysis, not financial advice. DYOR.
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Economy #Oil #BigTech
--
Disclaimer: My personal analysis, not financial advice. DYOR.