Brent oil (UKOUSD) briefly breached $100 again today. IEA's historic reserves release doing little to calm fears of global oil shock. Tanker attacked in Iraqi waters, Oman evacuates oil terminal, China curbs fuel exports. Can Brent oil hit a new record high? 👉 LATEST FORECASTS:

Fears of a global oil shock are weighing on risk sentiment across markets (as of 9:00 AM UTC) SP500: -0.6%, briefly dipped below the 6,750 critical support level NAS100: -0.6%, testing its 21-day simple moving average for support Gold (XAUUSD+): $5,166, down 0.20%, falling despite war as inflation fears weigh on Fed rate-cut hopes USDJPY+: rejected again near the 159.00 level EURUSD+: 1.1539, down 0.1% GBPUSD+: 1.34, down 0.1% The euro and British pound are both on track for a third straight day of losses against the US dollar.

Major cryptos are dipping but remain relatively resilient despite the ongoing Iran war. Bitcoin: -1.4%, holding around the psychologically important $70K level Ethereum: -1.3%, still above $2K Ripple: -1% Solana: -2% Dogecoin: -1.2%