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Societe Generale’s Michael Haigh and Jeremy Sellem argue that the proposed U.S–Iran ceasefire framework would only gradually restore flows through the Strait of Hormuz, keeping Oil markets tight. They see physical supply normalization pushed into late 2026, with end-user relief in Asia delayed to late October and prices staying above $200/bbl, while backwardation persists through 2027. Tight summer balances and delayed Hormuz normalization “If the 60-day MoU runs its course and the mines are then cleared within 30 days, meaningful flow through the Strait could resume, at best, by late August 2026, but end-user markets, especially in Asia, would only see relief by late October at best, leaving the market tight through peak summer and keeping prices elevated (>$200/bbl) with inventory rebuilding pushed into late 2027. Crude backwardation will be strong and persist through 2027.”
Iran's control over the Strait of Hormuz could escalate geopolitical tensions, affecting global energy markets and prompting potential U.S. military responses.
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The post Hormuz traffic nears normal by mid-June, markets show No bias appeared on BitcoinEthereumNews.com.
realtime news
May 31, 2026 18:03
On a note from mid-June, more ships slip through the Strait of Hormuz as tensions ease and navigation costs show signs of stabilization.
Hormuz traffic nears normal by mid-June, markets show No bias Developments The Strait of Hormuz traffic began to normalize as merchant vessels resumed routes, with recent reporting indicating more ships traversing the waterway. Traders on Polymarket have started pricing around the question of whether traffic will return to normal by mid-June, tying the contract to a clear near-term event window. Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats, according to ongoing coverage of maritime traffic and regional tensions. Reports describe a gradual uptick in vessel movements after a period of disruption, with U.S. and a
Escalating US-Iran tensions risk destabilizing the region, potentially leading to broader military conflicts and impacting global energy markets.
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The escalation near the Strait of Hormuz heightens regional instability, potentially impacting global energy markets and military strategies.
The post Iran and US exchange air strikes near Strait of Hormuz, escalating conflict appeared first on Crypto Briefing.
Geopolitical tensions and oil price volatility are reshaping market dynamics, influencing inflation expectations and crypto valuations.
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The post WTI rises toward $89.00 as Israeli troops advance into Lebanon appeared on BitcoinEthereumNews.com.
West Texas Intermediate (WTI) oil price gains ground after three days of losses, trading around $88.80 per barrel during the Asian hours on Monday. WTI price rises over 2% as supply concerns intensify following Israel’s orders for troops to move further into Lebanon. This tactical escalation in the conflict with the Iranian-backed Hezbollah militant group comes despite a ceasefire agreement that was announced more than six weeks ago, threatening to unravel previous diplomatic progress. The abrupt step-up in fighting has significantly dimmed market expectations that the United States (US) and Iran might soon announce an extension to their broader ceasefire agreement. The deterioration on the ground is particularly striking as it comes immediately after the US hosted Israeli-Lebanese peace talks in Washington on Friday, renewing anxieties over regional stability and potential ener
The post US President Donald Trump seeking edits to US-Iran deal appeared on BitcoinEthereumNews.com.
US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. However, Axios reported that Trump wanted to reinforce multiple points of the deal that he felt were important, such as what to do with Iran’s nuclear material. A senior US official told Axios that Trump was informed it could take three days for Iran to respond. Market reaction At the time of writing, the West Texas Intermediate (WTI) is down 2.10% on the day at $88.40. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively.
The ceasefire extension could stabilize regional tensions, fostering diplomatic dialogue and impacting global oil markets through the Strait's reopening.
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