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Breaking: US strikes military targets on Kharg Island – Iran’s main oil hub

US President Donald Trump said on Saturday that the US struck military targets at a strategic Iranian outpost in the Persian Gulf and warned it could hit oil infrastructure next if Tehran keeps disrupting energy flows in the Strait of Hormuz, intensifying the two-week conflict in the region.

🔗 Source

💡 DMK Insight

Trump’s warning about targeting Iranian oil infrastructure is a game-changer for energy markets. With tensions escalating in the Strait of Hormuz, traders should be on high alert. This region is crucial for global oil supply, and any disruption could send prices skyrocketing. If military actions intensify, we could see Brent crude testing resistance levels significantly above current prices. Keep an eye on the $90 mark, as a breach could trigger a wave of speculative buying. Moreover, the ripple effects might extend to related assets like energy stocks and ETFs, which could react sharply to any news. On the flip side, if the situation de-escalates, we might see a quick pullback in oil prices, offering a potential buying opportunity for those looking to capitalize on volatility. Watch for key developments over the next few days, as the market will likely react to any new information regarding military actions or diplomatic efforts. The next 48 hours could be pivotal.

📮 Takeaway

Monitor Brent crude around the $90 resistance level; any military escalation could push prices higher, while de-escalation might present buying opportunities.

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