Ceasefires lead to price drops, conflicts lead to price increases, but oil prices have remained stubbornly within a narrow range. What exactly is being waged during this most agonizing period of market volatility? After nearly 100 days of closure to

2026-06-03

Ceasefires lead to price drops, conflicts lead to price increases, but oil prices have remained stubbornly within a narrow range. What exactly is being waged during this most agonizing period of market volatility? After nearly 100 days of closure to the Strait of Hormuz, these three scenarios are the most likely ways to break the deadlock. Click to view >>