
Brent fell more than 9% to $90.38 on Friday after Iran said the Strait of Hormuz was open during a Lebanon ceasefire. On Saturday Iran reversed the decision, saying it would block transit while the US blockade of its ports continued.
Trump said the blockade would stay in force until a broader deal was reached.
The reversal revives supply risk, so crude prices are likely to rebound from their recent lows. Renewed uncertainty keeps energy and fertilizer costs elevated for feed makers.
Setelah 656 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (Brent) bergerak median +1,9% selama 5 sesi (63% lebih tinggi; separuh tengah -2,7% sampai +6,6%), dan +0,7% selama 20 sesi.
Setelah 626 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (WTI) bergerak median +2,1% selama 5 sesi (62% lebih tinggi; separuh tengah -2,3% sampai +8,5%), dan +1,6% selama 20 sesi.
Setelah 250 peristiwa geopolitik bullish sebelumnya, ULSD / Solar bergerak median +1,7% selama 5 sesi (58% lebih tinggi; separuh tengah -3,6% sampai +8,7%), dan +0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Iran reversing the Hormuz opening on April 18 and the US blockade staying in force renewed supply fears, a plausible driver of a rebound in WTI after the April 17 plunge.
Documents the Friday plunge to $90.38 and the weekend reversal by Iran, giving context for the move and for risk of rebound.