WTI crude briefly crossed $100, driven by escalating U.S.–Iran tensions

Ongoing blockade and stalled talks are disrupting flows through the Strait of Hormuz

Around 20% of global oil supply passes through this route → major supply shock risk

Shipping traffic has collapsed, tightening supply and pushing prices higher

Market Impact:

Energy markets → bullish (supply squeeze)
Global markets → risk-off sentiment rising
Inflation concerns → back in focus
$BTC
$XAU