🛢️ Oil prices jumped nearly 6% as tensions around the Hormuz Strait escalated again. With over 20% of global oil shipments passing through this route and fresh restrictions on Iranian oil exports, supply concerns are back in focus.
Energy markets are likely to stay highly volatile. Avoid chasing pumps or panic selling—wait for confirmation before entering any trade. Smart risk management matters more than FOMO in conditions like these.
#Oil #MiddleEastb $CL