WTI oil prices are already nearing the late-July highs. Another round of conflict—if the fighting continues, how high can oil prices go? How much bigger can this get? Right now, the market is on a high. Ugh, regret not catching the earlier swings. Currently sitting on some unrealized losses. But liquidation levels should at least be set above 115-120, at minimum. Whether it’s CL or BZ, same deal. That said, the CPI data is about to drop on 9/11. Last time, before the August CPI release, things eased up, and oil prices fell. What about this time? Are we really ignoring macro inflation now? Trump. Plus, the probability of a rate hike in September is already around 66%. If oil prices keep climbing, even the U.S. stock market won’t be able to handle it. Do you really not care?