## Market Snapshot

WTI Crude Oil Price Predictions are currently inactive with no volume reported. Crude Oil All Time High Predictions show a 0.2% YES for May 31, 6.0% YES for June 30, 22.0% YES for September 30, and 31.0% YES for December 31.

## Key Takeaways

– The reopening of the Strait of Hormuz suggests a potential decrease in oil prices. – Markets appear to interpret Bessent’s statement as reducing geopolitical risk. – Consistent with scenarios where crude oil is less likely to reach new highs.

## Article Body