
Key takeaways Oil rebound driven by ongoing conflict risks: West Texas Intermediate crude oil has rebounded 32% to around $101 after a sharp prior correction, as the US–Iran war 2026, now in its 17th day, continues to fuel concerns over supply disruptions around the Strait of Hormuz. Medium-term bullish bias remains intact: Prediction market data […]
The post Chart Alert: WTI Crude Oil Rally Almost Reached $102.25, Risk of Minor Setback Towards $88.36 appeared first on ActionForex.