Trump ends Iran peace deal, raising oil prices. Strait of Hormuz traffic returning to normal by August 31 at 18.5% YES.

Trump ends Iran peace deal, raising oil prices. Strait of Hormuz traffic returning to normal by August 31 at 18.5% YES.

Trump reinstates the Hormuz blockade as oil prices rise above $79. WTI reaching $110 by July 2026 at 2.6% YES.