#brentdrops1.87% 🚹 OIL IS PULLING BACK — BUT THE RISK ISN’T GONE. đŸ›ąïž
Brent crude slipped toward $92–93, while WTI moved around $85, giving back part of last week’s sharp rally.
But don’t mistake a pullback for a full de-escalation.
Oil surged more than 5% last week as U.S.–Iran tensions intensified and shipping through the Strait of Hormuz remained under pressure.
Now the market is digesting expanded U.S. sanctions against Iran — while the risk of further disruption to energy flows remains.
👀 What traders should watch:
‱ Strait of Hormuz tanker traffic.
‱ Iranian oil exports.
‱ Any further U.S. sanctions.
‱ Signs of retaliation or diplomatic progress.
‱ Brent’s reaction around the $90–93 zone.
đŸ”„ The big question:
Is this simply profit-taking after the rally — or the beginning of a genuine de-escalation trade?
Don’t chase the move. Watch the headlines AND price action.
#Brent #WTI #Iran #CrudeOil
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