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78/100 Bullish 29.07.2026 · 13:27 Finrend AI ⏱ 1 dk 👁 5 TR

Trump's Iran Threat Pushes Oil Prices Above $90

U.S. President Donald Trump's harsh threats against Iran have triggered significant movement in oil markets. Trump's statements that Iran would be 'hit hard' have brought geopolitical risks back to the forefront. This development caused Brent crude oil prices to rise by approximately 7%, pushing them back above the $90 per barrel level. The price surge was driven not only by Trump's rhetoric but also by a missile attack on a U.S. military base in Jordan. The heightened tensions following the attack fueled concerns about global oil supply. In particular, actions by Iran and Yemen-based Houthis threatening shipments through the strategically important Strait of Hormuz and the Red Sea have stoked fears of supply disruptions in the markets. In parallel with these developments, the U.S. and Saudi Arabia conducted a joint air operation against Iran-linked groups operating in Iraq. The operation signals that tensions in the region could escalate further and is considered among the factors that could keep oil prices at elevated levels in the short term. This is not investment advice.

📊 BRENT — Piyasa Yorumu

▲ up · 70%

The news headline indicates that rising geopolitical risks are pushing oil prices higher. Technical indicators also support this uptrend: RSI at 62.8 is in the buying zone, MACD is above zero and above the signal line, and the price is above both the 20-day and 50-day moving averages. The last close at $89.71 is near the $90 level, with a daily increase of 3.1%. The short-term uptrend is expected to continue, but caution is advised due to the $90 resistance level and the RSI approaching overbought territory.

RSI 14
62.8
MACD
0.53
24h Δ
3.10%

📊 XOM — Piyasa Yorumu

▲ up · 65%

The news headline indicates that oil prices are rising due to increased geopolitical risks. This could serve as a positive catalyst for energy companies such as Exxon Mobil. Technical indicators also support this view: the RSI is at 62.8, indicating an upward trend, and the price is above both the 20-day and 50-day moving averages. However, the MACD line is below the signal line and in negative territory, suggesting some short-term weakness. Nevertheless, given the strong news flow and positive trend structure, upward movement can be expected in the near term.

RSI 14
62.8
MACD
-0.04
24h Δ
0.20%

📊 CVX — Piyasa Yorumu

▲ up · 60%

The news headline indicates that oil prices are rising due to increased geopolitical risks. This situation could serve as a positive catalyst for energy companies such as Chevron (CVX). On the technical indicators, the RSI is at 54, in neutral territory, while the MACD is below the signal line. However, the price is trading above the 20-day and 50-day moving averages. An upward movement may be expected in the short term, but weakness in the MACD and a decline over the last 24 hours warrant caution.

RSI 14
54.5
MACD
-1.00
24h Δ
-1.52%

📊 BP — Piyasa Yorumu

▲ up · 65%

The news is creating a positive catalyst for BP shares by driving oil prices higher amid geopolitical risks. Technically, the RSI is at 58 in neutral territory, and the price is above both the 20-day and 50-day moving averages, indicating short-term upside potential. However, the MACD line remains below the signal line, and yesterday's 1.8% decline suggests momentum has not yet fully turned. Therefore, the bullish outlook is supported with moderate confidence.

RSI 14
57.9
MACD
-0.29
24h Δ
-1.80%
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