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oilbreakout
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$CL AND $BZ JUST RECLAIMED $80 - HIGHEST SINCE JUNE 26 ๐ฅ
The geopolitical bid is back in force. Oil just flipped $80 as US-Iran tensions escalate into full-blown conflict โ a level not touched in over a month.
What makes this move different? Shipping through the Strait of Hormuz has dropped 60% overnight. That's a supply bottleneck that can't be ignored, and smart money is already positioning ahead of the weekend.
Are you long oil here or waiting for a retest of $80 as support?
Not financial advice. Always manage your risk.
#CL #BZ #OilBreakout #GeopoliticalPlay #Commodities
๐ฅ
The geopolitical bid is back in force. Oil just flipped $80 as US-Iran tensions escalate into full-blown conflict โ a level not touched in over a month.
What makes this move different? Shipping through the Strait of Hormuz has dropped 60% overnight. That's a supply bottleneck that can't be ignored, and smart money is already positioning ahead of the weekend.
Are you long oil here or waiting for a retest of $80 as support?
Not financial advice. Always manage your risk.
#CL #BZ #OilBreakout #GeopoliticalPlay #Commodities
๐ฅ
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