Gulf nations are speeding up pipeline projects to bypass the Strait of Hormuz amid conflict. WTI reaching $90 in July at 33.2% YES.

Strait of Hormuz instability raises concerns for global energy supply. WTI reaching $130 in July 2026 at 0.4% YES.

Iran closed the Strait of Hormuz, causing oil prices to surge 5%. WTI reaching $130 by July 2026 is at 0.7% YES.