Trump closed the Strait of Hormuz to Iran but opened it to others. WTI Crude reaching $110 in July 2026 at 4% YES.

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

WASHINGTON, July 12 (Reuters) - U.S. President Donald Trump said on Sunday that the Strait of Hormuz is open to commercial traffic, though the U.S. and Iran continue to trade…

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

Iran closes the Strait of Hormuz, disrupting oil supply. WTI reaching $110 in July 2026 at 1.9% YES.

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