Crude Oil (WTI)

Key insight

$100 round number is the immediate trigger — break and hold above unlocks $105. Saudi Aramco Dhahran evacuation and Strait of Hormuz threats keep geopolitical premium bid; bulls hold structural advantage above all key SMAs.

$100 psych level within reach: Houthi strikes on Saudi infrastructure and a 4.9 mb EIA inventory draw fuel the rally; short-term uptrend intact above $95.00 breakout-turned-support.

Main risk

US-Iran Diplomatic Breakthrough

Ceasefire or sanctions relief collapses the geopolitical risk premium rapidly; WTI could retest $95.00 support on any credible de-escalation signal.