WTI Crude Oil: Geopolitical Risks Surge with Key Resistance Breakout Signaling New Bull Trend
Over the past three trading days, WTI Crude Oil has shown significant volatility, closing yesterday near $112.41, close to recent highs. The escalating U.S.-Iran tensions, amplified by President Trump’s firm warnings, have fueled market fears and driven prices higher. Additionally, soaring demand for North American oil supplies has further supported the uptrend. This combination of geopolitical and supply-demand factors has pushed WTI to sustain elevated levels, signaling investors to stay alert to ongoing developments. Technically, WTI is exhibiting a robust bullish trend with potential to challenge resistance at $115, suggesting continued upside momentum.

