Brent crude just hit its highest level since 2022, closing at $112.19.🚨
Bro... the "geopolitical premium" is gone; we are now in the Supply Destruction phase.
Iraq just declared Force Majeure on all foreign-operated fields. 3.4M b/d of export capacity is effectively dead air.
Iran’s strike on Qatar’s Ras Laffan didn’t just hit a plant, it wiped out 17% of Qatar’s LNG capacity for the next 5 years.
Oxford Economics just hiked 2026 inflation to 4%. This isn't a "dip"; it’s a global macro reset.
The "Energy-for-Energy" kill-switch is active. If the 4:44 AM PKT Tuesday deadline passes, the grid is next.
The $112 level is the "Panic Pivot." Iraq’s force majeure, retroactive to March 3rd is a massive red flag; it means the state is preparing for a long-term halt in revenue. The strike on Qatar is the most surgical escalation yet, hitting the Ras Laffan LNG Trains 4 and 6 (ExxonMobil partners). This is a direct message to Western capital: your infrastructure is the collateral. With BTC failing to hold $68k during this spike, the "Digital Gold" narrative is being tested by the reality of a physical energy blackout.
Are you hedged for a stagflationary spiral, or still waiting for a "dip" that isn't coming?