HORMUZ WHIPSAW ISN’T OVER FOR $XLE ⚠️

Brent’s March surge was historic, but the pullback shows the tape is still driven by diplomacy, not restored supply. Iran-related de-escalation headlines triggered profit-taking, while Hormuz remains a live chokepoint that keeps barrels and inflation risk on edge. Institutions are still forced to hedge every headline until shipping normalizes.

I think this is a volatility setup, not a trend break. The market wants relief, but the underlying supply premium can reprice violently the moment the narrative flips again.

Not financial advice. Manage your risk.

#Oil #Energy #Macro #Inflation #Markets

⚡