Iran Announces Three Tankers Struck in the Strait of Hormuz

Tanker attacks in the Strait of Hormuz increase geopolitical risks to global energy supply, potentially leading to a broad risk-off sentiment in markets. Although GOOGL shares rose 4.4% in the last 24 hours, the uncertainty generated by such news could create selling pressure in the short term. While the RSI at 57 is in neutral territory, the MACD is above zero and has crossed above its signal line; this technical structure may limit downside. However, as the stock trades below its 50-day moving average (335.75), upside potential may remain limited. I expect a bearish trend in the short term, but confidence is moderate as technical indicators do not give entirely negative signals.

Tanker attacks in the Strait of Hormuz have increased geopolitical risks to oil supply, potentially pushing Brent prices higher. Technically, while the RSI is in neutral territory at 53, the MACD has started to rise above the signal line, and the price has closed above the 20-day moving average. In the short term, an upward trend can be expected due to the impact of this news, but the 50-day moving average resistance (87.64) may be tested. Since the market is not yet in overbought territory, the upside potential could continue.

The targeting of tankers in the Strait of Hormuz represents a significant geopolitical risk to oil supply. Such incidents typically drive oil prices higher in the short term. Technically, WTI is trading above its 20-day moving average and the MACD has crossed above its signal line, supporting upward momentum. However, the RSI at 54 indicates it is not in overbought territory, suggesting potential for further upside. Nevertheless, given that the market is pricing in this news and the extent of potential supply disruptions remains uncertain, I expect an upward move with 70% confidence.

Although the news poses a geopolitical risk to oil supply, Exxon Mobil (XOM) stock already exhibits a weak technical outlook. The RSI has dipped below the neutral zone to 44, and the MACD is trending negatively below its signal line. With the price closing below both the 20-day and 50-day moving averages, short-term pressure may persist. The uncertainty generated by the news could amplify selling pressure, but since the stock has not yet entered oversold territory, the decline is likely to remain limited.