Oil Prices Ease as Traders Weigh Impact of US Strikes on Iran
🛢️ HORMUZ — Bombs intensify, oil prices fall: markets know something. 📌 LOOK CLOSER: Brent already ran from $77 to $85 pricing sustained Hormuz closure. Easing now signals traders betting expanded strikes accelerate a faster resolution — regime collapse — than prolonged blockade. Demand destruction is the other read: global recession risk needs less oil. Either way, the floor isn't comfort — it's a new variable entering the model.
