Brent Crude Oil, new ALL TIME HIGH!!!ICE Brent Crude Oil CFD (May 2026)ACTIVTRADES:BRENTK2026ElimzoI wouldn’t be surprised to see oil somewhere around $140 soon. The whole US–Iran situation just keeps getting worse. Even if nothing “big” happens, the risk itself is already enough. Oil reacts to that instantly. Especially with Hormuz. If there are even small issues with supply or shipping, price can move fast. Doesn’t need a full shutdown. Also feels like market still doesn’t fully price this in. Too many calm takes out there, while the situation looks far from stable. If this drags on, oil stays high, inflation comes back, and then things get messy for central banks. Not something markets usually like. For now it just feels like dips will get bought.