🔥 Oil markets are pricing in a major escalation.

In less than 2 hours, the US blockade of Iranian ports begins.

Brent and WTI have already jumped +10% to more than $100 per barrel on the news.

From here, ALL three scenarios point to HIGHER prices:

1. A short blockade, then talks resume (Brent settles $100–110)
US gas pushes past $4.50/gal, and households feel the pinch but the global economy absorbs it.

2. Iran retaliates on Gulf infrastructure (Brent $130–150)
Inflation reaccelerates worldwide, and oil-importing economies slide toward recession.
Central banks are forced to abandon rate cuts.

3. Full Hormuz shutdown (Brent $200+)
Stagflation sets in, and the world faces the biggest energy shock in modern history.

Crude oil at $100+ is just the beginning.

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