- Entry
- $677.18
- Final
- $733.24 +8.3%
- Target
- —
- Score
- -0.83
Oil prices are surging again amid escalating disruptions in the Middle East. Brent crude climbed over 9% in Asian trading to top $100 briefly before easing to \~$97.50, with earlier peaks hitting $119+ intraday in recent sessions. WTI followed suit, hovering around $92+ after similar spikes. The main driver: ongoing attacks on shipping/energy infrastructure in the Gulf (multiple tankers hit, including cargo vessels), effective "de facto" closure risks in the Strait of Hormuz (IRGC threats targeting US/Israel-linked ships), and the …
— ORIGINAL POST ·
Oil rebounding hard (Brent ~$97-98 after $100+ peaks, WTI ~$92+) – why stocks are lagging
· r/investing
· Mar 12, 2026