Commodities

Oil prices fell on Hyperliquid over the weekend despite Iran launching attacks on Kuwait, with Brent dropping to $93.75 and WTI to $90. Rising open interest alongside falling prices suggests bears are building shorts, not just taking profits.

Oil futures on Hyperliquid are falling despite Iran’s missile attacks on Kuwait and Bahrain, with Brent dropping to $93.75 and WTI to $90. Strong US jobs data and Fed rate hike expectations are outweighing geopolitical risk — but any actual supply disruption could trigger a violent reversal.