This analysis explores why WTI crude oil prices pulled back despite escalating geopolitical risks in the Middle East. It details the extensive market impact, from the surge in natural gas prices and shipping stocks to the sharp sell-off in airline shares. The article also provides a forward outlook on the heightened risk to global trade and a technical analysis of key support and resistance levels for WTI crude.
02-03-2026 18:51 GMT
by Zain Vawda