Brent spikes above $75 after Iran oil license move

$BRENT jumped more than 6% and moved back above $75 after the U.S. revoked a license that had allowed Iran to sell oil.
The market is treating this as a fresh supply-risk headline.
Any tighter restrictions on Iranian barrels can quickly feed into crude pricing, especially when geopolitical risk is already elevated.
For energy traders, the key signal is whether this becomes a one-day shock or the start of a broader repricing in oil supply risk.