Brent consolidates under new multi-week high ($96.99) on Wednesday, following 4.7% rally on Tuesday (the biggest one-day gain since July 23) sparked by renewed hostilities between the US and Iran. Growing worries about global supply, due to almost total closure of strategic Hormuz strait, the fact that after US and EU almost completely drained their […]The post Brent Oil – Bulls Take a Breather After Almost 5% Rally on Tuesday, Psychological $100 Barrier in Focus appeared first on ActionForex.