Know What's Happening in Energy

Oil Blinks, Markets Breathe, and the Policy Put Waits in the Wings

Oil markets cooled as a few tankers slipped through the Strait of Hormuz, easing the panic that had driven Brent toward $100 per barrel. The shift from a full‑blow blockade narrative to constrained flow reduced downside risk, but the market remains skewed toward a sharp correction if prices retreat to $95. Traders are balancing short‑covering gains with thin volumes, while AI capital expenditures provide a steady equity lift. Central banks’ upcoming policy decisions are being parsed for clues on how long the energy shock will linger.