Strait of Hormuz reopens, and $CL may be losing its war premium ⚓

With the shipping lane back open, crude is likely shedding part of the geopolitical premium that had been priced into the tape. That kind of shift usually draws liquidity out of oil and eases the bid in safe havens like gold, while desks reset positioning around a cleaner supply outlook. If the calm holds, this looks more like a fast unwind of fear than a structural break.

Not financial advice. Manage your risk and protect your capital.

#CrudeOil #OilPrices #EnergyMarkets #Macro #Geopolitics

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