Oil rebounds after US strikes Iran military site - Reuters
Geopolitics
The US has struck an Iranian military site, triggering an immediate oil rebound after prices had retreated on Iran deal hopes just one day prior. The reversal creates a tactical long setup in crude and energy equities as the geopolitical risk premium gets repriced sharply higher.
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Angle
↑ LONG+5% target-3% stop3-7 days tactical
Long XLE tactically on the US-Iran escalation spike — crude risk premium repricing after yesterday's deal-hope selloff creates mean-reversion fuel for energy equities.