Iran tightens its stance on the Strait of Hormuz, causing oil prices to rise. Crude oil reaching a new all-time high by December 31 at 10.5% YES.

Oil prices rise as Iran proposes tighter control over the Strait of Hormuz. Crude oil reaching a new all-time high by December 31 at 11.5% YES.

Oil prices rise as Iran and Oman agree on a shipping route. Crude oil reaches a new all-time high by December 31 at 11.5% YES.