🚨 BREAKING !!! CRUDE OIL SURGES PAST $98 - MACRO SHOCK INCOMING 🛢️🔥
WTI and Brent both ripping higher in today's session - inflation fears are back on the table.
• 🛢️ WTI Crude: +3.00% → $98.13/barrel
• 🛢️ Brent Crude: +2.78% → $97.86/barrel
• ⚠️ Both benchmarks approaching the critical $100 psychological level
Oil at $98 is a direct threat to risk assets. Higher energy costs = higher inflation = less room for Fed rate cuts = pressure on BTC and equities. Combined with the ongoing capital rotation into commodities already pulling liquidity from crypto, this move adds another headwind. The $100 ceiling is close - if it breaks, expect macro turbulence across all risk-on assets. 🧨
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