🇮🇷🇺🇸 The Strait of Hormuz risk premium is back
Brent crude climbed to $94.25 a barrel, its highest intraday price since early June, as Iran intensified attacks on U.S bases across the Gulf.
Tehran also says it stopped two “non-compliant oil tankers” attempting to cross the Strait of Hormuz.
Every new strike now comes with a price tag at the pump, and traders are betting this escalation is nowhere near finished.
$COLLECT $BEAT $BR
Brent crude climbed to $94.25 a barrel, its highest intraday price since early June, as Iran intensified attacks on U.S bases across the Gulf.
Tehran also says it stopped two “non-compliant oil tankers” attempting to cross the Strait of Hormuz.
Every new strike now comes with a price tag at the pump, and traders are betting this escalation is nowhere near finished.
$COLLECT $BEAT $BR