Arabian Gulf oil exports stabilize at 15 million barrels daily after the ceasefire. WTI Crude Oil reaching $130 in July at 1.1% YES.

Iran exported 57 million barrels during a ceasefire. Strait of Hormuz traffic returning to normal by August 31 at 15.5% YES.

Gulf markets fall as US-Iran tensions disrupt the Strait of Hormuz. Crude oil reaching a new all-time high by December 31 at 14.5% YES.