📉 Stocks crash. 💥 Oil explodes. 🔒 Crypto stays calm.
After Friday's war-driven selloff, markets opened Sunday night to more chaos—this time led by a dramatic 6% surge in oil prices.
🛢️ Oil Surges After Strikes on Iran
Energy markets lit up after news broke that Israel launched drone attacks on key Iranian natural gas plants and oil depots. Iranian state media and The Jerusalem Post confirmed that South Pars gas facilities were hit, shaking global oil supply sentiment.
📊 Here’s how it impacted oil:
US Crude: +$2.72 → $75.67 per barrel (+3.7%)
Brent Crude: +$3.67 → $77.90 per barrel (+4.94%)
Friday's jump: +7%, biggest move since Russia–Ukraine 2022
Weekly surge: +13% in crude oil price
🔁 Iran Responds: Strait of Hormuz Threatened
Tensions are escalating fast. Iran fired missiles at a major Haifa refinery and warned it might shut down the Strait of Hormuz — the critical sea route where 1 in 5 barrels of global oil passes through.
If closed, expect energy supply shocks, major inflation waves, and geopolitical tremors to ripple through global markets.
📉 Stock Futures Sink on Fear
As Asian markets opened, stock futures tumbled:
Dow Futures: –92 pts (–0.2%)
S&P 500 Futures: –0.2%
Nasdaq Futures: –0.2%
This follows Friday's bloodbath:
Dow Jones: –700 pts
S&P 500: –0.4%
Nasdaq: –0.6%
Investors are officially in risk-off mode.
💰 Safe Havens Spike: Gold, Yen Up – Crypto Steady
📈 Gold surged to $3,450, and JPY rallied as investors fled to safety.
📉 The euro, pound, CAD, and AUD all declined against the dollar.
But here’s the twist...
💻 Crypto Held Steady:
$BTC: $105,182 (–0.32%)
$ETH: $2,538 (+0.15%)
$ADA: +1%
$XRP: +1%
$DOGE: –2.08%
📌 Despite global fear, crypto didn't break. Interesting?
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👀 What to Watch This Week
1. Monday: US manufacturing data
2. Wednesday: Fed rate decision
With Trump pressuring the Fed for rate cuts, and oil now surging, expectations for a pivot are fading fast.
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🤔 What It Means for You
🔍 This is a macro moment. We’re seeing:
A real-time test of crypto’s resilience
Major shifts in energy dominance
And a stark reminder of how war shocks the world economy
💬 Your Turn
Do you think crypto can stay resilient if oil keeps surging?
Can Bitcoin become the “safe haven” gold once was?
