Oil prices surge as the Strait of Hormuz faces conflict conditions. Crude oil to reach a new all-time high by September 30 at 6.7% YES.

Iran war disrupts oil supply, causing concerns for future price spikes. Crude oil reaching a new all-time high by September 30 at 2.5% YES.

Global oil prices have spiked around 5 percent following renewed tension in the Strait of Hormuz.

Oil prices rise due to Iran tensions and Strait of Hormuz delays. WTI reaching $110 in July 2026 at 1% YES.