WTI Crude Oil: Geopolitical Tensions Fuel Strong Rebound with Key Technical Patterns
WTI Crude Oil has seen significant volatility over the past three trading days, closing yesterday at $71.41 after a sharp price swing. The recent surge is mainly driven by escalating U.S.-Iran tensions and risks of the Strait of Hormuz closing, pushing prices above $73. For the average investor, this means heightened uncertainty and increased price volatility in the energy markets. The rapid price movements reflect geopolitical risks dominating market sentiment, suggesting traders should exercis















