Tyrian Trade

WTI Breaks Above $102 as Middle East Tensions Raise Supply Concerns; $CRDO Falls 8%, $BE Nearly 9%

Oil is surging again, with WTI breaking above $102 as tensions in the Middle East raise fresh supply concerns.
Credo Technology ($CRDO) is down 8% and Bloom Energy ($BE) is down nearly 9%. Oil prices are probably not a direct cause, but they are likely amplifying the moves.
Oil isn't the main reason these stocks are falling, but higher energy prices are adding more pressure to an already weak market.

WTI Breaks Above $102 as Middle East Tensions Raise Supply Concerns; $CRDO Falls 8%, $BE Nearly 9%

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