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MOJO Market Watch™: Oil Drops as U.S. Waives Iran Sanctions

  • Jun 24
  • 1 min read

Markets opened with a major geopolitical surprise as the United States announced a 60-day waiver on Iranian oil sanctions while the Strait of Hormuz begins reopening. The immediate reaction? Crude oil prices fell below $77 per barrel as traders repriced global supply expectations.

For traders, the lesson isn't about predicting headlines—it's about being prepared to react when they happen. News can move markets instantly, but disciplined traders rely on rules, risk management, and positive expectancy rather than emotion.

At MOJO CODE™, we focus on following the data, respecting the trend, and letting our system guide the decision-making process.

Forged in Logic. Built on Positive Expectancy. BOPE™

Stay informed. Stay disciplined. Stay profitable.


 
 
 

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