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OIL SURGES TO $119.40/BBL — HIGHEST LEVEL SINCE JUNE 2022
Crude prices have exploded to $119.40 per barrel, marking the strongest spike in nearly two years
Markets are now rattled as traders point to potential structural shockwaves following the UAE stepping away from OPEC alignment, raising fears of supply fragmentation across the energy bloc
Supply tightness + geopolitical tension = a perfect storm forming under global markets
Energy shock is officially back on the table
#DailyOrbit #USIranLongTermBlockade $CL $BZ
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