Crude Oil is closing it’s Bear Trap as I stated this morning .
Update: WTI Crude Oil Closes Up More than 5% After Biden Says Discussing Attack on Iran’s Oil Sector
West Texas Intermediate (WTI) crude oil closed sharply higher on Thursday, climbing for a third-straight day after U.S. President Joe Biden said the United States and Israel are discussing an attack on Iran’s oil sector to retaliate for this week’s attack on Israel.
Both Israel and the United States said they plan to retaliate after Iran attacked Israel with 180 missiles.