Geopolitical noise is emotion, but the underlying supply-and-demand reality is hard to change.
For Brent crude oil, this round of gains is driven entirely by the panic premium created by the U.S.-Iran situation.
With the entire internet inflating the Middle East conflict, large amounts of capital are betting on a potential interruption of oil supply through the strait—so everyone rushes to go long.
In reality, neither side will launch a full-scale war; there will only be limited friction. Oil transportation won’t be cut off.
On the long side, positioning sentiment is already extremely crowded—this is a great window for a bearish setup.
Place sell orders and use a 100x leverage bet to play the pullback after the geopolitical premium fades. Keep a reasonable stop-loss.

Everyone is chasing crude oil higher on Middle East news. Do you think the conflict will keep escalating, or will the emotions dissipate quickly?