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US and Israeli strikes on Iran send Brent crude surging 13% above $82, disrupting critical shipping lanes and threatening global supply chains with renewed inflation pressures.
Shipping traffic through the Strait of Hormuz has collapsed 90% as geopolitical tensions escalate. Despite US government war-risk insurance and naval protection, traders and ship owners refuse transit.
After a sharp 6% drop to $5,000, gold found institutional support and recovered to $5,200. Technical analysis and bullish expert forecasts suggest positioning for continued gains amid geopolitical tensions.
West Texas Intermediate crude oil has surged past $90 per barrel, marking its strongest weekly performance since 1983, driven by Middle East escalation and threats to the Strait of Hormuz shipping route.
Gold reclaimed support at $5,000 amid geopolitical tensions and institutional buying. Expert forecasts suggest substantial upside remains as central banks and ETFs continue accumulating bullion.
In a surprise military escalation, joint US-Israeli strikes killed Iran's Supreme Leader Khamenei, triggering a 70% collapse in Strait of Hormuz traffic and sending crude oil to multi-year highs. Here's what traders need to know.
WTI crude oil futures spike above $90 as geopolitical tensions intensify, with the Strait of Hormuz closure and Iranian supply concerns driving substantial upward revisions to analyst forecasts.
Gold's surge to $5,000 reflects institutional conviction and geopolitical concerns, not speculation. Analyst forecasts suggest further gains as central banks and ETF flows drive sustained demand.
Brent crude has rocketed to $93.04 as the Strait of Hormuz closure disrupts 20% of global oil supply. Here's what this geopolitical shock means for your portfolio and trading strategy.
