West Texas Intermediate (WTI) crude oil prices retreated from intraday highs above .00, the highest since June 2025, driven by escalating geopolitical tensions in the Middle East. The price pullback reflects profit-taking after sharp gains, though the asset remains well-supported near .00, indicating resilience amid regional instability. Traders are closely monitoring the situation for signs of sustained demand or renewed supply disruptions. The market's reaction underscores the sensitivity of oil prices to geopolitical risks, particularly in key production regions. A prolonged conflict in the Middle East could disrupt global supply chains, pushing prices higher, while a de-escalation might lead to a correction. Investors should watch OPEC+ policy decisions and U.S. inventory reports for additional directional cues. For Gulf and MENA investors, the current volatility presents both risks and opportunities. A sustained rally in WTI could benefit regional energy exporters but may also increase input costs for import-dependent economies. Key watchpoints include the Fed's inflation response and potential sanctions on Russian oil, which could further tighten the market.