Oil Rebounds as Supply Shock Overrides Strategic Reserve Release

Oil markets are surging again as WTI stabilizes above $90 and Brent pushes past the $100 mark despite the IEA’s historic 400M-barrel strategic reserve release. The coordinated move, involving 32 member nations with the US contributing 172M barrels, was expected to cool prices but traders see it as insufficient to counter the massive supply disruption.

With the Strait of Hormuz blockade removing an estimated 11–16M barrels per day from global flows, markets quickly absorbed the additional supply, sending crude prices up another 8–9% as fears of a prolonged energy shortage continue to dominate sentiment.

#BinanceTGEUP #IranianPresident'sSonSaysNewSupremeLeaderSafe #UseAIforCryptoTrading