Prop firm news

Strait of Hormuz closed - Brent crude price broke through $102 per barrel

Brent rose above $102 per barrel amid the continued closure of the Strait of Hormuz. The head of Saudi Aramco warned that tension in the oil market will intensify until the passage is restored.

Oil reversed into positive territory: WTI at $91.50 after China halts fuel exports

WTI recovered intraday from the morning decline from around $88.00 and rose to nearly $91.50. The main driver was China's temporary suspension of oil product exports during the national holidays.