Oil at $110 is no longer a "supply issue"—it’s a weapon of war.

Iran has just officially listed major energy assets in Saudi Arabia, Qatar, and the UAE as "legitimate targets." After the strike on South Pars, the gloves are completely off.

Brent crude has surged more than 40% in just a few weeks. The IEA is calling this the largest oil supply disruption in history, and the markets are feeling every cent of it.

This isn't just about high gas prices. When the world’s energy heartland becomes a target list, the entire global economy reprices risk. Inflation is about to go from a headache to a nightmare, and the Fed’s "soft landing" just hit a brick wall.

Risk-off assets are bleeding. If you’re trading the bounce, you’re playing with fire near an oil rig. When shipping straits become vulnerable, "digital gold" and "physical oil" are the only things the big money watches.

The UN says sunlight doesn't depend on shipping straits, but the global economy still runs on what flows through Hormuz. If the Strait closes, is $110 the ceiling or just the basement?

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