šØ Oil flares up again... Brent surpasses $106! š¢ļøš„
Oil prices rose after Brent exceeded the $106 mark, following Iranās insistence on its conditions to reopen the Strait of Hormuzāconditions that Trump previously rejected.
ā ļø Ongoing tensions mean elevated supply risks remain
š And oil returns to weighing on inflation and interest-rate expectations
š The Strait of Hormuz is still at the heart of market moves... and any new escalation could strongly bring back volatility.
Oil prices rose after Brent exceeded the $106 mark, following Iranās insistence on its conditions to reopen the Strait of Hormuzāconditions that Trump previously rejected.
ā ļø Ongoing tensions mean elevated supply risks remain
š And oil returns to weighing on inflation and interest-rate expectations
š The Strait of Hormuz is still at the heart of market moves... and any new escalation could strongly bring back volatility.
