STRAIT THREAT SENDS $WTI INTO PRICE DISCOVERY 🔥
WTI crude jumped 2.3% to $105.21 as traders repriced Middle East supply risk after fresh threats around the Strait of Hormuz. Institutions are watching for further upside as the market is already short 10 to 12 million barrels per day of supply cushion, and that buffer keeps thinning.
This matters because oil is now trading like a geopolitical stress asset, not just an energy contract. If supply fear keeps building, fast money will chase the move before fundamentals can catch up.
Not financial advice. Manage your risk.
#Oil #WTI #CrudeOil #EnergyMarkets #Macro
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