OIL PRICES HOLD ELEVATED NEAR $105–$114 AS US-IRAN CLASHES SHUT THE STRAIT OF HORMUZ AND HIT FUJAIRAH PORT, REMOVING MILLIONS OF BARRELS FROM GLOBAL SUPPLY AND DRIVING US CRUDE OVER 80% HIGHER THIS YEAR — STOKING…

Oil prices remain elevated in the range of $105 to $114 per barrel due to escalating clashes between the U.S. and Iran, which have resulted in the closure of the Strait of Hormuz and disruptions at Fujairah Port. This situation is significantly impacting global supply, contributing to a year-to-date increase of over 80% in U.S. crude prices. The primary transmission mechanism is supply disruption, as the Strait of Hormuz is a critical chokepoint for oil shipments, heightening concerns over potential further escalations in geopolitical tensions. Markets most exposed include crude oil futures and energy stocks, which are sensitive to supply chain stability in the Middle East. Traders will be closely watching for any developments in diplomatic negotiations or military actions that could either escalate or de-escalate the situation.

Crude oil (WTI/Brent) reacts in real time to OPEC+ production decisions, EIA weekly inventory reports, geopolitical supply disruptions (Middle East, Russia, Venezuela) and US Strategic Petroleum Reserve announcements. A 5% intraday move on breaking news is not unusual.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.