#usstrikesirantankerstehranrestrictshormuz
đš The Strait of Hormuz is becoming a bigger market risk.
Over the past 48 hours, tensions between the US and Iran have escalated sharply.
đșđž CENTCOM says it redirected 92 commercial vessels and struck three Iranian crude tankers, destroying one.
đźđ· Iran says it hit several tankers and US-linked assets, while warning that a restricted zone outside Hormuz could be introduced in the coming days.
And traders are already feeling the impact:
đąïž Brent â ~$97, up ~7.6% this week
đąïž WTI â >$92, up ~9%
With roughly 20% of global oil historically moving through Hormuz, any further disruption could keep the risk premium elevated.
For traders, the key now is simple: watch the next headline. A ceasefire could unwind the move quickly, while another strike could push oil toward $100+.
â ïž Volatility is likely to stay high. Trade small and respect risk.
$BZ
$CL
$XAU
#crypto #Oil #Geopolitics #Trading #markets
đš The Strait of Hormuz is becoming a bigger market risk.
Over the past 48 hours, tensions between the US and Iran have escalated sharply.
đșđž CENTCOM says it redirected 92 commercial vessels and struck three Iranian crude tankers, destroying one.
đźđ· Iran says it hit several tankers and US-linked assets, while warning that a restricted zone outside Hormuz could be introduced in the coming days.
And traders are already feeling the impact:
đąïž Brent â ~$97, up ~7.6% this week
đąïž WTI â >$92, up ~9%
With roughly 20% of global oil historically moving through Hormuz, any further disruption could keep the risk premium elevated.
For traders, the key now is simple: watch the next headline. A ceasefire could unwind the move quickly, while another strike could push oil toward $100+.
â ïž Volatility is likely to stay high. Trade small and respect risk.
$BZ
$CL
$XAU
#crypto #Oil #Geopolitics #Trading #markets