🛢️ Trump Lifts Oil Sanctions as Prices Crash 27% from $119 Peak

WTI Crude now trading in the **$85–90 range**, down sharply from the $119.50 war-driven high. Brent challenging resistance at $77.40–$81.00 with bullish bias above key moving averages.

What triggered the reversal:

• Sanction relief news unwinding geopolitical risk premium

• G7/IEA reserve release speculation

• Trump signaling potential end to Iran conflict

Market impact:

• Volatility remains extreme — WTI futures trading at record volumes

• Inflation fears easing = rate cut hopes returning

• Crypto responding: BTC back above $70K

The geopolitical risk premium is unwinding fast. Is this the new normal or just a temporary pullback? 👀

#oil #TRUMP #Sanctions #Markets #WTI