Oil prices have fallen following comments from former U.S. President Donald Trump, while tensions around the Strait of Hormuz keep markets on high alert. This strategic maritime passage handles a significant portion of global oil and LNG transport, and any disruption could have major consequences for markets. Geopolitical tensions between the United States and Iran continue to influence price volatility. Current price expectations reflect this uncertainty, with fluctuating probabilities regarding WTI crude price targets.
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