Oil’s Pause Won’t Last: Markets Brace for Energy Reality Check

The Opening Bell

Energy markets are catching their breath this morning after WTI crude’s 4% slide to $90.06 — but don’t mistake this for an all-clear signal. With the Strait of Hormuz still closed and IEA strategic reserves burning through their 400 million barrel buffer, this pullback looks more like profit-taking than a fundamental shift. The real question isn’t whether oil stays elevated, but whether yesterday’s bond rally can survive the next energy spike.

Market Snapshot

Fed Funds Target Range: 3.5%-3.75%

10-Year Treasury: 4.56%