๐จ ๐ฆ๐ง๐ฅ๐๐๐ง ๐ข๐ ๐๐ข๐ฅ๐ ๐จ๐ญ ๐๐ง๐ง๐๐๐ ๐ฃ๐จ๐ง๐ฆ ๐ข๐๐ ๐ ๐๐ฅ๐๐๐ง ๐ข๐ก ๐๐๐๐ ๐๐๐๐ฅ๐ง ๐ข๏ธ
$CL A new attack on a commercial ship in the Strait of Hormuz, followed by fresh U.S. strikes on Iranian targets, has raised concerns over another wave of volatility in the global oil market.
The number of ships passing through the Strait has reportedly dropped to 22 per day, compared with more than 130 before the conflict escalated, highlighting growing disruptions to one of the world's most important energy routes.
With Brent crude already closing the week around $76 per barrel, traders will be closely watching the market open for potential sharp price swings.
Any further escalation in the Middle East could significantly impact oil prices and broader global financial markets. ๐โ ๏ธ
#OilMarket
$CL
$CL A new attack on a commercial ship in the Strait of Hormuz, followed by fresh U.S. strikes on Iranian targets, has raised concerns over another wave of volatility in the global oil market.
The number of ships passing through the Strait has reportedly dropped to 22 per day, compared with more than 130 before the conflict escalated, highlighting growing disruptions to one of the world's most important energy routes.
With Brent crude already closing the week around $76 per barrel, traders will be closely watching the market open for potential sharp price swings.
Any further escalation in the Middle East could significantly impact oil prices and broader global financial markets. ๐โ ๏ธ
#OilMarket
$CL