Oil prices consolidate in anticipation of the opening of the Strait of Hormuz - XTB.com

Oil supply surge expected after Hormuz reopening, but price collapse unlikely - Invezz

Oil supply surge expected after Hormuz reopening, but price collapse unlikely - Invezz

The Commodities Feed: Oil steadier as market digests Trump’s Hormuz plan

The desk views the stabilization in the oil market as a critical juncture following President Trump's proposed measures for securing maritime passage through the Strait of Hormuz. Per the full note [source], this development comes after a week of heightened volatility, suggesting that traders are now weighing the implications of U.S. policy on global oil supply dynamics. The desk highlights that recent price fluctuations have been significant, with Brent crude experiencing a swing of over 5% in a single day last week. With no major economic events on the calendar, the focus remains on geopolitical developments and their potential impact on oil prices.

Oil Price Forecast: Goldman Sachs Cuts Outlook As Hormuz Reopening Eases Supply Fears - Exchange Rates UK