🚨 Brent oil just dropped below $100 as markets react to reports of a possible US-Iran deal 🇺🇸🇮🇷
The biggest catalyst?
Potential reopening of the Strait of Hormuz, one of the most important energy routes on Earth.
Over 20% of global oil supply moves through that corridor, which means any progress toward de-escalation immediately impacts:
• oil prices
• inflation expectations
• stock markets
• crypto sentiment
• Fed outlook
This is why markets are suddenly turning risk-on again.
Lower oil prices could reduce inflation pressure and increase expectations for future liquidity support later this year.
If momentum continues tomorrow:
- equities could rally
- crypto volatility could expand
- energy markets may stay extremely reactive to headlines
The market is no longer trading just fundamentals.
It’s trading diplomacy in real time. 👀
$CL $UB $NIL #TrumpSaysIranDealLargelyNegotiated #BitcoinRisesOnIranPeaceDeal #BrentCrudeOilCrashedBelow100
