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Iran’s Ghalibaf: US naval blockade and attacks on Lebanon are violation to ceasefire

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf has stated through a post on X, formerly known as Twitter, that the United States (US) naval blockade on Iranian sea ports and Israeli attacks on Lebanon could have severe consequences.

🔗 Source

💡 DMK Insight

Iran’s Parliament Speaker just raised the stakes, and here’s why traders should pay attention: geopolitical tensions are flaring up. The U.S. naval blockade and Israeli actions in Lebanon could disrupt oil supply routes, potentially leading to price spikes in crude oil. Traders need to keep an eye on Brent and WTI crude prices, especially if tensions escalate further. Historically, similar geopolitical events have led to volatility in energy markets, so expect increased trading volume and price swings. If crude oil prices break above key resistance levels, it could trigger a wave of speculative buying. But don’t overlook the flip side—if these tensions de-escalate, we might see a rapid correction in oil prices. Watch for any diplomatic developments or statements from major players in the region that could shift market sentiment. For now, keep an eye on the $90 level for Brent and $85 for WTI as critical thresholds to watch in the coming days.

📮 Takeaway

Monitor Brent crude around $90 and WTI near $85; geopolitical tensions could lead to significant price volatility.

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