The unrest in Iran may give the Trump administration the ammunition it needs to back out of the Iranian nuclear deal and slap new sanctions on Iran. President Trump views Iran as the number one state sponsor of terror and feels that the Iranian regime is one of the major causes of war and conflict in the region. Trump wants to take a hard stance against Iran and this could be his opening.
If I am concerned about anything it is the U.S. dollar, which is threatening to fall apart. As you can see on the chart below, recent action shows an inability to get above that recent gigantic red power bar in the leg off the 616 hour low. It failed, came to the inflection line you see which is the beginning of the real candle body for the red bar. It came down to it, held support and started breaking down. It's not terminal yet but if they bounce it and it fails at that line it will be see ya in the next lifetime.
From a technical perspective all of the commodities in the oil complex hit a top several days ago and have been drifting lower since peaking after a long run to the upside that began in early February.
Record cold and record demand are playing havoc in certain spot markets, driving markets crazy. Natural gas prices are rising and big swings in heating oil futures as the market tries to balance strong demand with supply.