US refiners profit from Hormuz disruptions as crude price odds decline; new all-time high by September 30 at 3.7% YES, by December 31 at 8.5% YES.

US refiners profit from Hormuz disruptions as crude price odds decline; new all-time high by September 30 at 3.7% YES, by December 31 at 8.5% YES.

Oil supply through the Strait of Hormuz is severely disrupted, but markets signal a perceived surplus; WTI reaching $110 in July 2026 at 0.8% YES.