Phyrex
Phyrex|Sep 01, 2026 17:34
The conflict between Iran and the U.S. is escalating, and the direct impact is rising oil prices. Currently, WTI is nearing $90, and Brent is approaching $95. I completed my position increase yesterday, and my next target is to add more at WTI $91 and Brent $95. For those shorting, make sure to pay attention to your margin. $110 should be the minimum, and $120 is a bit safer. Today's drop in U.S. stocks and bitcoin:native is mainly due to the escalation of the war. The focus now should be on two scenarios: one, Iran opens the Strait of Hormuz to certain countries, leading to a drop in oil prices; two, the U.S. and Iran resume negotiations, also causing oil prices to fall. The latter is less likely, while the former becomes more probable as oil prices rise. After all, the Strait of Hormuz isn't just about oil—it also involves food and fertilizer. A blockade of Hormuz impacts the entire globe, not just the U.S. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all in one platform!
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