Oil holds near $95/barrel as U.S.-Iran blockade fuels fresh supply fears despite ceasefire hopes

WTI crude steadied at $95/barrel Friday as U.S.-Iran tensions and a potential blockade offset fragile ceasefire optimism. The blockade threatens to remove 2 million barrels/day of Iranian exports, tightening supply. Traders should watch for volatility in energy futures, inflation-sensitive equities, and USD strength as oil shocks ripple through risk assets.