JUST UPDATE ! ⚡️🚨
BRENT CRUDE TOPS 117 USD, HIGHEST SINCE MARCH 19 AS IRAN SIGNALS COLLIDE 🛢️
Oil breaks the level ⛽: Brent above 117 USD a barrel, highest since March 19, first time past this level in over two months.
Blockade done, oil still flowing 🚢: Trump says the US Navy blockaded Iran successfully, while Hormuz oil flow tops pre-conflict levels.
No strike pledge, allies still nervous 🕊️: Trump says no attack on Iran before the midterms and talks are ongoing. The UK still fears a strike is coming, PM Burnham will call Trump, diplomacy first.
Tankers sail as usual yet Brent ripped from 112 to 117 in a day. The market is buying fear, not a shortage. As long as Iran signals stay this messy, oil has every excuse to climb. 🎯
$CL $BZ