🚨 Oil flares up again... Brent surpasses $106! 🛢️🔥
Oil prices rose after Brent exceeded the $106 mark, following Iran’s insistence on its conditions to reopen the Strait of Hormuz—conditions that Trump previously rejected.
⚠️ Ongoing tensions mean elevated supply risks remain
📈 And oil returns to weighing on inflation and interest-rate expectations
👀 The Strait of Hormuz is still at the heart of market moves... and any new escalation could strongly bring back volatility.
Oil prices rose after Brent exceeded the $106 mark, following Iran’s insistence on its conditions to reopen the Strait of Hormuz—conditions that Trump previously rejected.
⚠️ Ongoing tensions mean elevated supply risks remain
📈 And oil returns to weighing on inflation and interest-rate expectations
👀 The Strait of Hormuz is still at the heart of market moves... and any new escalation could strongly bring back volatility.
