BNB$714.43+0.04%BRENT$108.95+7.65%BTC$77,145-0.11%COPPER$6.45-5.25%DJI$52,064-0.60%DOGE$0.0841+0.33%DXY99.08+0.26%ETH$2,459-0.09%GOLD$4,317-1.84%NDX$29,104-1.08%SILVER$62.85-6.56%SOL$99.82-0.11%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%BNB$714.43+0.04%BRENT$108.95+7.65%BTC$77,145-0.11%COPPER$6.45-5.25%DJI$52,064-0.60%DOGE$0.0841+0.33%DXY99.08+0.26%ETH$2,459-0.09%GOLD$4,317-1.84%NDX$29,104-1.08%SILVER$62.85-6.56%SOL$99.82-0.11%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%
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·Confidence 90%·Breaking

Oil Prices Surge as US-Iran Strikes Escalate in Hormuz

HOTBrent Crude ↑ Very strongWTI Crude ↑ Very strongDiesel ↑ Very strong

Key takeaways

  • Brent Crude: Brent Crude — Very strong bullish
  • WTI Crude: WTI Crude — Very strong bullish
  • Diesel: Diesel — Very strong bullish
  • Brent crude surpasses $90 amid renewed US-Iran military strikes, with diesel crack spreads nearing $100, signaling potential supply shortages.

Analysis

Brent crude surpasses $90 amid renewed US-Iran military strikes, with diesel crack spreads nearing $100, signaling potential supply shortages.

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