Oil prices rise after fresh wave of attacks between U.S. and Iran
Geopolitics
Oil prices are rising after a fresh wave of U.S.-Iran attacks reignited geopolitical risk premium, clouding hopes for a peace deal. This creates a tactical long setup in crude and energy proxies, though the intraday pullback in CL (-1.7%) suggests the market is still digesting the risk.
0 reads·0 theses
Angle
↑ LONG+4% target-3% stopTactical / 3-5 days
Tactical long CL and BZ on U.S.-Iran escalation — geopolitical risk premium is being re-priced upward and the peace-deal narrative is broken for now.