Post by Proshare (@Proshare)
At the centre of the latest oil rally is renewed uncertainty surrounding the Strait of Hormuz, one of the world’s most critical energy chokepoints. President Donald Trump’s warning that the ceasefire agreement remains “on life support,” combined with fresh sanctions targeting Iranian oil trade networks linked to China and the UAE, has reignited concerns over supply disruptions across the Gulf.
The market response has been swift, with traders aggressively repricing geopolitical risk premiums into crude benchmarks.
https://proshare.co/articles/trumps-ceasefire-warning-sends-oil-prices-higher-again-oir-120526?menu=Economy&classification=Read&category=Oil
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