I'm banking on just fundamentals in this oil trade
I saw BBC reporting that Trump said the Iran–US ceasefire is basically on life support. My first thought was simple: if things escalate and the Strait of Hormuz gets disrupted, oil could move fast.
I opened a long on USO on Bitget CFD with 0.1 lot. and it’s up around 350% now. Then I checked sentiment on X and saw some analysts calling for $125 oil if the US gets directly involved.
My thinking wasn’t technical, just news + likely market reaction. If supply fears grow, oil rises. If headlines calm down, I close.
Anyone else traded something similar lately?? how did it go and whats ur bias on oil?
Posted May 12, 2026, 3:00 PM UTC
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