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🛢️ *Crude Oil | Geopolitical Developments Restore Volatility*

Energy markets are also attracting attention this morning.

Crude oil prices fell sharply on Monday as hopes for diplomatic progress involving Iran reduced concerns about potential supply disruptions.

However, renewed reports of U.S. military strikes near the Strait of Hormuz have increased uncertainty, contributing to a recovery in oil prices.

WTI crude has moved back toward the $98-per-barrel area, while Brent crude has traded above $106 in early reports.

The important issue is not simply whether oil is rising today. It is whether the market can sustain its recovery after yesterday's substantial decline.

A successful recovery through nearby resistance would suggest stronger buying interest, while a failed rebound could indicate that sellers remain active.

For futures trading, we will pay close attention to price structure, trading volume, and the market's reaction to additional geopolitical developments.

Given the speed of recent movements, *waiting for confirmation is more valuable than chasing the initial reaction to a headline.*
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