Falling crude and gasoline prices reflect optimism about a reopening of the Strait of Hormuz, but depleted inventories, restocking demand, and lingering logistical constraints could slow the return to pre-war fuel prices.

Oil prices tumble as markets bet on a Hormuz reopening despite slow tanker movements following the U.S.-Iran ceasefire.

Falling crude and gasoline prices reflect optimism about a reopening of the Strait of Hormuz, but depleted inventories, restocking demand, and lingering logistical constraints…