Oil exports through Hormuz fell to one-third of pre-war levels in June. WTI reaching $110 in July 2026 at 1.7% YES.

Oil exports through Hormuz fell to one-third of pre-war levels in June. WTI reaching $110 in July 2026 at 1.7% YES.

Oil prices drop 30% in Q2 2026 after US-Iran peace deal reopens Strait of Hormuz. New all-time high by September 30 at 4.5% YES.

Oil prices fall as US-Iran talks ease supply disruption fears. New all-time high for crude oil by September 30 at 4.5% YES.

Tanker traffic through Hormuz has begun to recover, though vessel movements remain well below pre-conflict levels