Not a shocking news considering the negotiation so far has been a very loose negotiation, there's no certainty at all.
If there is another attack, expect the oil price to go even higher, there's no stopping the oil to double from current price at this point.
Hormuz is the most important route in the global energy transport system. However, it only accounts for about 20% of global oil supply. Therefore, if the disruption is prolonged, oil prices are likely to rise further if not compensated accordingly from other sources. But I think it would be an exaggeration to predict that world oil prices will double from current levels.
Oil prices are currently up more than 50% compared to prewar, which is a very significant increase.
I don't know but I feel all these war and war shit are all programmed not only by one party atleast that's my conspiracy theory because the world is bigger and deeper than we can imagine because someone tell me how is trump going to China who they consider is an opponent or treat to them in the world trade power of which they have been having serious issues and problems with with over the tariff prices.
For me everything seems like one big whole set up just for them to get the prices spike up to a certain level that will benefit them the oil producers.
