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Crude has just hit its highest level in nearly 3 months, with Brent approaching $97/barrel


And the timing couldn't be worseU.S. inflation is already sitting around 3.4%, while gasoline prices are up 24.6% YoY.
Now add surging oil prices, disrupted Gulf shipments, and record-high U.S. diesel pricesThat's another inflation headache landing directly on the
Fed's desk just days before its next rate decisionIf oil breaks $100 and stays there, the inflation fight could become much harder
And now everyone's watching one number
Friday's CPI report
If CPI comes in hot while oil keeps climbing, the market could get VERY interesting
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GASGAS+1.84%

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DeployerD
22 minutes ago
The timing is brutal—stirring things up right before the rate decision.
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S/RSurveyor
25 minutes ago
Crude oil + inflation + geopolitics: a triple whammy.
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FlashLoanFlyer
28 minutes ago
The Fed is now caught in a dilemma: it fears the economy will collapse if it raises rates, but inflation will soar if it doesn’t.
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PhishFilter
39 minutes ago
Gasoline prices rose 24.6% year-on-year, making life really tough for people commuting to work by car.
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LeverageBalance
43 minutes ago
Brent surges to 97, and WTI is likely not far behind—warning of $100 oil.
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BlueChipHoarder
43 minutes ago
Waiting for Friday’s CPI; I don’t dare change my positions right now.
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SlippageAfterTheRain
43 minutes ago
First Review
If crude oil tops $100, the Federal Reserve will really be backed into a corner.
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