FROM CHAOS TO CRASH
OIL PLUNGES AFTER THE ORMUZ PACT AND OPENS THE DOOR TO A RALLY IN RISK ASSETS
The reopening of the Strait of Ormuz has triggered a massive correction in energy prices.
🔻 1. The price collapse
Uncertainty has been replaced by aggressive liquidation. After touching dangerous highs this week, prices have reacted violently downward:
#WTI (USA): It has plummeted a staggering 10.61%, settling at $84.64, breaking the psychological support of 85 dollars.
#brent (Global Reference): It collapses 9.67% down to $89.78. It is worth noting that we came from a peak of $105.63 just a few days ago; a loss of over 15 dollars in record time.
🚢 2. The "Ceasefire" factor
Iran's Foreign Minister, Seyed Abbas Araghchi, confirmed that the opening is not coincidental: it is aligned with the ceasefire in Lebanon. The commitment is to keep the passage "completely open" for all commercial vessels for as long as the truce lasts, eliminating the "risk premium" that inflated prices.
📈 3. Investor Reading (Crypto & Equity)
For the cryptocurrency market, this is bullish fuel:
Less inflation, more liquidity, falling oil eases inflationary pressures. If oil drops, the chances that central banks will maintain or lower rates increase, which is music to the ears of Bitcoin holders and tech assets.
#oil #OilMarket $CL
$BTC $SOL