Oil prices dropped over $1 as flows through the Strait of Hormuz improved. New all-time high for crude oil by September 30 at 5.6% YES.

Oil prices dropped over $1 as flows through the Strait of Hormuz improved. New all-time high for crude oil by September 30 at 5.6% YES.

Oil prices dip as tensions in the Strait of Hormuz ease. New all-time high by September 30 at 5.3% YES, by December 31 at 13.5% YES.