🔥 OIL ABOVE $116: MARKET ON EDGE

Oil (Brent) is trading around $116–$120, driven by escalating Middle East tensions and supply risks.

📊 Key factors:

Conflict involving Iran

Threats to major oil routes

Strong reaction to geopolitical fear

👉 Translation:
💥 This move is risk-driven, not demand-driven

🧠 What traders expect:

Range: $110–$125

If escalation → $125–$150+

If calm → pullback toward $100

🌍 Market impact:

Higher inflation pressure

Stronger dollar

More volatility across markets

👉 Oil is now a macro trigger

💥 “When oil spikes, all markets react.”

#OilRisesAbove$116 #oilrisesabove #OilPrice

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