The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The UAE are set to leave OPEC on May 1, a move that would be a major blow to the oil producing cartel. Meanwhile, the US is stepping up pressure on Iran, targeting Chinese refineries and countries that pay transit fees.
West Texas Intermediate (WTI) crude has again broken the psychological $100/bbl level amid fundamental drivers.
Reports that the US is prepared to extend its blockade of Iran are exacerbating supply problems in the Middle East. According to a Wall Street Journal report published Wednesday, US officials say President Donald Trump has instructed aides to prepare for a prolonged blockade of Iran. The report says Trump has decided to continue pressure on Iran's economy and oil exports by restricting shipping to and from Iranian ports. Sources added that he sees alternatives — such as renewed bombing or broader military intervention — as riskier than maintaining the blockade.
In addition, the United Arab Emirates are set to leave the Organization of the Petroleum Exporting Countries (OPEC) on May 1, a significant blow to the group, Reuters reported Tuesday, against a backdrop of a deepening energy crisis caused by the Iran conflict and growing rifts among Gulf states.
President Trump has also said Iran asked Washington to lift the naval blockade of the Strait of Hormuz while ceasefire negotiations continue, as energy shipments from the region are already being disrupted. Closing this vital sea corridor has halted roughly 20% of global oil shipments.
The US has further stepped up pressure on Iran by taking additional measures, including the possible imposition of sanctions on Chinese refineries with ties to Tehran and on countries that pay transit fees for passage through the Strait of Hormuz.
From a technical standpoint, oil is trading above the main moving averages, with momentum pushing beyond the psychological $100.00 mark, confirming the likelihood of further upside. Oscillators are positive and remain well away from overbought territory, indicating bullish strength in the market.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
