The Deal That Did Not Deal: WTI Holds $76 as Hormuz Goes Quiet Again WTI closed at $76.54. The Hormuz talks collapsed before they began. Kuwait pledged 2 million bpd. And the market barely moved. Here is what that tells operators about where we are.
WTI's $94 Gap Dies by Close: Iran's Toll Regime Signal and What the Intraday Reversal Tells Operators Source data: OilPrice.com live feed, EIA/FRED commodity series, EDGAR 8-K sweep June 8 2026, company disclosures WTI opened Monday at $94.64, a $4-plus gap above Friday's close, as weekend strike escalation fed into the oil market's chronic Iran anxiety. By 3:
CIR Morning Brief — Saturday, April 4, 2026 WTI surges past $111 as Iran strikes Gulf refineries, Hormuz transit routes shift, and U.S. operators eye windfall revenues.
The Hormuz Test: What One Empty LNG Tanker Tells Us About Global Energy Risk April 3, 2026 — Houston The Strait of Hormuz has become the most consequential 33 kilometers in global energy markets. For the first time since the U.S. and Israeli strikes on Iran began on February 28, an LNG tanker has attempted transit of the waterway — and the market is watching