# WTI

#OilPricesPullBack 🛢️📉
Global oil markets are seeing sharp relief after an aggressive intervention by the International Energy Agency (IEA), which announced a historic release of emergency reserves to stabilize energy prices.
After briefly surging above $120 earlier this week, crude prices have now dropped toward the mid-$80 range, easing pressure on global markets.
📊 What Triggered the Pullback?
🔹 Massive Strategic Oil Release
The IEA approved the release of hundreds of millions of barrels from global reserves, aiming to offset supply risks linked to tensions in the Strait of Hormuz.
🔹 G

#OilPricesPullBack 🛢️📉
Global oil markets are seeing sharp relief after an aggressive intervention by the International Energy Agency (IEA), which announced a historic release of emergency reserves to stabilize energy prices.
After briefly surging above $120 earlier this week, crude prices have now dropped toward the mid-$80 range, easing pressure on global markets.
📊 What Triggered the Pullback?
🔹 Massive Strategic Oil Release
The IEA approved the release of hundreds of millions of barrels from global reserves, aiming to offset supply risks linked to tensions in the Strait of Hormuz.
🔹 G