🔥 The market is on fire – Oil remains "stiff" around 100 USD
The entire market is drowning in red: the US stock market is making significant adjustments, gold is weakening, and even Bitcoin cannot escape the selling pressure. Clearly, capital is withdrawing from risky assets.
Notably, oil is still holding its high price range, fluctuating around the 100 USD mark. Meanwhile, fuel prices in the US are heating up again: diesel exceeded 5 USD/gallon for the first time since 2022, while gasoline prices are nearing an average of 4 USD nationwide, even higher in many areas.
In response to this pressure, JD Vance has been working with major oil corporations. Simultaneously, the White House is preparing additional measures to cool down fuel prices.
On the policy side, Donald Trump has released 172 million barrels of oil from the Strategic Petroleum Reserve, while also easing domestic transportation regulations for 60 days to increase supply. Not only the US, but the International Energy Agency along with 32 member countries has also agreed to release an additional 400 million barrels of oil from emergency reserves.
Nevertheless, oil prices have not cooled down. The core reason lies in supply risks – especially in the Strait of Hormuz.
👉 The market message at this moment is very clear: As the conflict continues, oil will remain high – and inflationary pressure cannot yet end.
$BTC $ETH $BTTC
The entire market is drowning in red: the US stock market is making significant adjustments, gold is weakening, and even Bitcoin cannot escape the selling pressure. Clearly, capital is withdrawing from risky assets.
Notably, oil is still holding its high price range, fluctuating around the 100 USD mark. Meanwhile, fuel prices in the US are heating up again: diesel exceeded 5 USD/gallon for the first time since 2022, while gasoline prices are nearing an average of 4 USD nationwide, even higher in many areas.
In response to this pressure, JD Vance has been working with major oil corporations. Simultaneously, the White House is preparing additional measures to cool down fuel prices.
On the policy side, Donald Trump has released 172 million barrels of oil from the Strategic Petroleum Reserve, while also easing domestic transportation regulations for 60 days to increase supply. Not only the US, but the International Energy Agency along with 32 member countries has also agreed to release an additional 400 million barrels of oil from emergency reserves.
Nevertheless, oil prices have not cooled down. The core reason lies in supply risks – especially in the Strait of Hormuz.
👉 The market message at this moment is very clear: As the conflict continues, oil will remain high – and inflationary pressure cannot yet end.
$BTC $ETH $BTTC