Oil Surges While Risk Assets Struggle

[tradelikepro]

While crypto and stocks fell, energy markets moved sharply in the opposite direction. Oil prices surged above $105 per barrel after the US announced a naval blockade, raising concerns about supply disruptions in a key global trade route.

Meanwhile, assets like gold and silver surprisingly declined, suggesting that inflation fears and rising energy costs are outweighing traditional safe-haven demand. As uncertainty grows and the ceasefire deadline approaches, markets across the board remain highly sensitive to geopolitical developments.

[cryptohog]

oil reacting this strongly shows how sensitive energy markets are to geopolitical risk