Oil just dropped 35.7% from yesterday’s high 📉
One of the fastest reversals we’ve seen in the oil market in years ⚡
Just hours ago, markets were pricing in a major supply shock due to escalating Middle East tensions and potential disruption around the Strait of Hormuz — one of the most critical oil shipping routes in the world 🌍🛢️
Now sentiment has flipped.
Traders are rapidly removing the “war premium” from oil prices as speculation grows that tensions could de-escalate 🤝
But this doesn’t automatically mean the oil bull run is over.
The oil market right now is extremely headline-driven 📰 — one escalation in the region could send prices sharply higher again 🚀
For now, volatility is the real story.
Massive spike 📈
Massive dump 📉
And the market is reacting to every geopolitical update in real time ⚠️
#Oil #commodities #markets #Geopolitics