Oil above $100 for the first time in 4 years. War escalating. Blake's breaking it down at 8:45 ET.
| Crude oil just crossed $100 a barrel. | First time since July 2022. | WTI hit $108 overnight. Brent's trading north of $110. | Here's what happened while you slept: | Explosions in Tehran. IDF dismantled Iran's Quds Force transport network. UAE intercepted 12 out of 15 missiles — the rest fell in the sea. | Iran's moved 11 million barrels of oil through the Strait of Hormuz since this war began. Aramco is rerouting supply to bypass Hormuz entirely. | G7 is discussing whether to tap strategic oil reserves. | Add last Friday's jobs miss to the mix, and the macro picture is shifting fast. | The energy trade just changed overnight. Blake Young's going live in 30 minutes to break down what this means for crude, nat gas, the broader market — and what setups are in play right now. | ⇒ Click here to join Blake live at 8:45 ET | — TheoTrade | | |
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