Oil Price Watch: The Most Accurate Indicator of the Iran-Israel Conflict Path ๐ฎ๐ท ๐ฎ๐ฑ
๐ Rising prices = Potential escalation
๐ Falling prices = Signs of de-escalation
โช๏ธ @jpmorgan forecasts oil could hit $130/barrel
โช๏ธ At $130, U.S. inflation may spike to 5%, unless domestic production increases
โช๏ธ Rate cuts may be delayed
โช๏ธ 20% of global oil flows through the Strait of Hormuz โ any closure due to escalation would paralyze energy markets
