Technical Analysis
Posted 49 min ago
Brent Crude Breaks $99 on Houthi Attack; 104.23 Level Critical
Brent oil surged above $99 following a confirmed Houthi attack on Saudi Arabia and Iranian exclusion-zone threats, providing fundamental backing to this rally versus prior spikes. The 104.23 level represents the critical technical and fundamental confirmation test; a break there would validate whether this geopolitical move sustains or fades. Watch for supply disruption escalation.
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