WTI crude oil surged to $105.42 amid U.S.-Iran tensions. WTI above $105 on May 15 now at 68.5% YES.

Oil futures pushed higher for a third consecutive session as traders weighed the consequences of the US-Iran stalemate over the Strait of Hormuz.

Chinese vessels exit the Strait of Hormuz amid opposition to Iranian tolls. Strait traffic by May 15 at 0.1% YES.

US-Iran tensions ease with assurances on the Strait of Hormuz. WTI Crude Oil at $150 in May 2026 now at 2.2% YES.

Iran tensions drive WTI crude oil surge. WTI crude oil up on May 15 at 89.5% YES; no Fed rate cuts in 2026 at 67.0% YES.

WTI crude oil surged to $105.42 amid U.S.-Iran tensions. WTI above $105 on May 15 now at 68.5% YES.

Brent crude rises $3.54 amid US-Iran tensions. WTI closing above $103 on May 15 at 9.0% YES.