As oil prices plunge below $91 after weeks, a new Hormuz crisis emerges

Oil prices just took a wild ride. 🎢

According to reports, Brent crude plunged over 9% after Iran briefly reopened the Strait of Hormuz. But the relief was short-lived.

They’ve now threatened to shut it again, reacting to a US blockade. The market is on a rollercoaster.

So, will this push prices even lower, or are we headed for another spike? What’s your take?

#OilPrices #Geopolitics
📸 (Image: AI Illustration)

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