$CL ‌ $BZ ‌ Empty👇🏻

Breaking news: Trump publicly announced that U.S. military aircraft launched airstrikes on Iranian missile and drone storage bases and coastal radar positions. The reason given was that Iran violated the ceasefire agreement, and he also issued a hard-line statement that if negotiations fail, the Iranian regime would be completely dismantled.🔥
But the core logic in the oil market is clear:
Buy the rumor, sell the fact: In the past few weeks, the market had already been pricing in the risk of a US-Iran conflict in advance, with the geopolitical premium already fully priced in. Now that today’s military strike news has been officially confirmed, long funds have concentrated on taking profits, and safe-haven buying has retreated across the board;
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This operation is limited to pinpoint, precise strikes on military facilities, with no blockade of the Strait of Hormuz and no actions amounting to a full-scale war. The crude oil supply channel is completely unaffected, and there is no risk of a material supply disruption;
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Combined with multiple bearish fundamentals—weak global crude oil demand, continued increases in US crude oil production, and Saudi Arabia stepping up exports—these negative factors reinforce each other, and under the combined pressure, oil prices are under downward strain.