Today's Brent +4.4%, returning to $102.
Opening spark: The United States sends an aircraft carrier + 10,000 troops to the Middle East, and China's refineries have halted exports of oil products except for 港澳.
From the supply side there is a bottleneck, not a rebound in demand—diesel is already in short supply.
$BTC watches U.S. Treasury bonds, and Powell watches oil.