OIL PRICES REMAINED UNDER PRESSURE AS TRADERS WAITED FOR PROGRESS ON REOPENING THE STRAIT OF HORMUZ, WHILE CONTINUED ATTACKS ON TANKERS AND ENERGY INFRASTRUCTURE KEPT SUPPLY RISKS ELEVATED, WITH WTI TRADING NEAR $81 A BARREL AFTER FALLING 2.4% IN THE PREVIOUS SESSION AND BRENT SETTLING AROUND $87.

OIL PRICES REMAINED UNDER PRESSURE AS TRADERS WAITED FOR PROGRESS ON REOPENING THE STRAIT OF HORMUZ, WHILE CONTINUED ATTACKS ON TANKERS AND ENERGY INFRASTRUCTURE KEPT SUPPLY RISKS ELEVATED, WITH WTI TRADING NEAR $81 A BARREL AFTER FALLING 2.4% IN THE PREVIOUS SESSION AND BRENT SETTLING AROUND $87.

Source:https://x.com/FirstSquawk/status/2088056699433406654