·Confidence 90%·Breaking
Oil Prices Surge as US-Iran Strikes Escalate in Hormuz
HOTBrent Crude ↑ Very strongWTI Crude ↑ Very strongDiesel ↑ Very strong
Key takeaways
- Brent Crude: Brent Crude — Very strong bullish
- WTI Crude: WTI Crude — Very strong bullish
- Diesel: Diesel — Very strong bullish
- Brent crude surpasses $90 amid renewed US-Iran military strikes, with diesel crack spreads nearing $100, signaling potential supply shortages.
Analysis
Brent crude surpasses $90 amid renewed US-Iran military strikes, with diesel crack spreads nearing $100, signaling potential supply shortages.
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