Long Crude Oil WTI signal by Salamun Kawlam

I think the price will skyrocket based on the current set of events. The biggest driver right now is the Iran-related conflict and instability in the Persian Gulf . Airstrikes and attacks have disrupted production and infrastructure in the region. Tanker shipping through the Strait of Hormuz —one of the world’s most important oil routes—is under threat. Around 20% of global oil supply passes through this strait , so any disruption can quickly spike prices. Because supply could suddenly drop, tra