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WTI crude is pushing higher, now trading above the $60 mark as geopolitical tensions continue to weigh on energy markets. The uptick reflects growing concerns about supply disruptions and regional instability affecting global oil flows.
For traders watching macro trends, crude price movements often correlate with broader market risk sentiment. When energy costs rise on geopolitical fears, it typically ripples through traditional finance and can influence investor positioning across alternative assets as well. The current momentum suggests markets are pricing in heightened uncertainty, making this worth monitoring for anyone tracking macroeconomic headwinds and their potential spillover effects on various asset classes.