Hormuz To Year-End: Bullish Or Bearish?
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Source: Zero Hedge
Published: 2026-05-08 01:10 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Military & Defence, Energy, Economy & Finance, Financial Markets, US Politics, Business & Economy, War & Conflict
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Snippet:
With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative.
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