Oil prices rise to $85 amid Strait of Hormuz tensions. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Oil prices surged as the US and Iran clashed over the Strait of Hormuz. WTI reaching $110 in July 2026 at 1.2% YES.

Oil prices spike as Hormuz traffic slows amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 12.5% YES.

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