๐จ OIL FLASHING WARNING SIGNS ๐ข๏ธ
Brent back above $80
WTI following up
Why? U.S.-Iran talks stalled +
Hormuz shipping uncertainty ๐ข
Translation:
If tankers get stuck, supply dies
If supply dies, prices explode
Still down big on the week though...
Rebound or trap? ๐
#CrudeOil #Brent #WTI #Oil