BNB$752.59+0.12%BRENT$98.78+1.67%BTC$78,412-0.32%COPPER$6.74+2.15%DJI$53,414-0.51%DOGE$0.0894-0.41%DXY98.96-0.22%ETH$2,472-0.48%GOLD$4,399-0.14%NDX$29,544+0.21%SILVER$66.1-0.06%SOL$102.74-0.66%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.72+8.19%BNB$752.59+0.12%BRENT$98.78+1.67%BTC$78,412-0.32%COPPER$6.74+2.15%DJI$53,414-0.51%DOGE$0.0894-0.41%DXY98.96-0.22%ETH$2,472-0.48%GOLD$4,399-0.14%NDX$29,544+0.21%SILVER$66.1-0.06%SOL$102.74-0.66%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.72+8.19%
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Oil Prices Surge Amid US-Iran Tensions and Supply Concerns

Oil ↑ Strong

Key takeaways

  • Oil: Oil — Strong bullish
  • Oil is on track for its largest weekly gain since July, driven by escalating US-Iran tensions that raise fears of disruptions in the Strait of Hormuz.

Analysis

Oil is on track for its largest weekly gain since July, driven by escalating US-Iran tensions that raise fears of disruptions in the Strait of Hormuz.

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