Important Information

This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

  • You will not be guaranteed Negative Balance Protection
  • You will not be protected by FCA’s leverage restrictions
  • You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
  • You will not be protected by Financial Services Compensation Scheme (FSCS)
  • Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.

Note: UK clients are kindly invited to visit https://www.ultima-markets.co.uk/. Ultima Markets UK expects to begin onboarding UK clients in accordance with FCA regulatory requirements in 2026.

If you would like to proceed and visit this website, you acknowledge and confirm the following:

  • 1.The website is owned by Ultima Markets’ international entities and not by Ultima Markets UK Ltd, which is regulated by the FCA.
  • 2.Ultima Markets Limited, or any of the Ultima Markets international entities, are neither based in the UK nor licensed by the FCA.
  • 3.You are accessing the website at your own initiative and have not been solicited by Ultima Markets Limited in any way.
  • 4.Investing through this website does not grant you the protections provided by the FCA.
  • 5.Should you choose to invest through this website or with any of the international Ultima Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.

Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.

I confirm my intention to proceed and enter this website Please direct me to the website operated by Ultima Markets , regulated by the FCA in the United Kingdom

Important Notice

Ultima Markets does not have an establishment in Singapore and does not operate from Singapore.

Ultima Markets does not provide products or services to citizens or residents of Singapore, and account applications from Singapore citizens or residents will not be accepted.

If you are a citizen or resident of Singapore, please do not open an account or use Ultima Markets’ products or services.

By selecting “Acknowledge and Continue Browsing”, you confirm that you are accessing this website on your own initiative and that your access is not the result of any direct marketing, targeted advertising, solicitation, or promotional activity by Ultima Markets.

Nothing on this website constitutes an offer, solicitation, or promotion of products or services in any jurisdiction where such activity is prohibited. You are responsible for ensuring that your access to and use of this website complies with applicable local laws and regulations.

Acknowledge and Enter the Website
Roll Arrow

Oil in the Crossfire The U.S.-Israel-Iran War’s Energy Shockwave

shawn

What’s happening now:

  1. The Group of Seven (G7) finance ministers agreed during a teleconference not to release strategic oil reserves immediately, despite a sharp rise in global oil prices triggered by the U.S.–Israeli war on Iran. While the ministers stated they remain prepared to take “necessary measures” to support global energy supplies—including releasing stockpiles—they concluded more analysis is needed before acting. Energy ministers are set to discuss the issue next, with G7 leaders expected to make the final decision later in the week. The G7 includes the U.S., Canada, Japan, Italy, Britain, Germany, and France.
  2. The U.S. President Donald Trump announced plans to lift certain sanctions on oil‑producing countries in an effort to stabilize global energy prices amid the ongoing U.S.–Israel war against Iran. The conflict has caused extreme volatility in oil markets, with crude prices briefly surging to nearly $120 per barrel before dropping below $90 following Trump’s remarks. The war has severely disrupted global oil supply, as Iranian threats have effectively shut down the Strait of Hormuz—through which about 20% of the world’s oil normally passes—while Israeli and Iranian attacks have hit key energy infrastructure across the Gulf. Warnings suggest that prices could spike to $150–$200 per barrel if the strait remains closed. Trump gave mixed signals on the duration of the conflict, suggesting it could end “very soon” while also insisting strikes would continue until Iran is “decisively defeated.”

Technical pictures:

The near-term outlook remains bearish to sideways. The sharp breakdown from the parabolic trend signals that downside momentum has taken control. That said, the swiftness of the decline makes a brief counter-trend bounce or relief rally likely as the market works through the turbulence.

Breakout / Breakdown Scenarios to Watch

Scenario 1: Bearish Breakdown (Continuation). A decisive hourly candle close below the green moving average and the recent swing low of $83.35 would serve as the trigger, signaling that the corrective phase is evolving into a full-blown trend reversal. Should this occur, bears will likely set their sights on the $78.30 level as the next downside target.

Scenario 2: Bullish Relief Rally (Mean Reversion). If price manages to reclaim and close above the black moving average, currently sitting around $90.90, a relief rally becomes increasingly viable — a view further supported by the rising Stochastic oscillator. This would not imply a return to $118, but rather a sharp bounce within a newly formed range, with a push toward the falling purple MA and structural resistance in the $95.00–$98.00 zone, where heavy selling pressure would be expected to resume.

Scenario 3: Volatile Consolidation (Most Likely Near-Term). Given the extreme range expansion seen recently, the market requires time to compress. The most probable near-term outcome is a violent chop between $85.00 and $95.00 lasting several days, potentially forming a pennant or flag structure before the market commits to its next directional move driven by broader macroeconomic forces.

WTI Crude Hourly Chart

Disclaimer

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.

Share Now

  • Article Details
  • Article Details
  • Article Details

Thank you for visiting the Ultima Markets website. Please note that this website is intended for individuals residing in jurisdictions where access is permitted by law. Ultima and its affiliated entities do not operate in your home jurisdiction.

By clicking ‘Acknowledge’, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website based on reverse solicitation principles, in accordance with the applicable laws of your home jurisdiction.