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

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

Strait of Hormuz disruptions push crude oil prices higher. WTI reaching $110 in July 2026 now at 1.9% YES.

Iran says it will not allow Washington to intervene in the Strait of Hormuz

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