Natural Gas, WTI Oil, Brent Oil Forecasts – Brent Oil Soars Above $100 As Khamenei Says Iran Will Open Other Fronts.President Trump said that preventing Iran from having nuclear weapons was more important than the price of oil.
WTI rallies sharply on Strait of Hormuz tensions, technicals point to further upside.WTI rallies sharply on Strait of Hormuz tensions, technicals point to further upside
Oil Near $100 Reshapes Global Equity Direction.Risk appetite remains downbeat as geopolitical and crude oil prices heat up further. These factors are continuing to feed into broader market sentiment, pressuring equity markets while simultaneously supporting the US dollar.