Volatile Oil Flows and Strait of Hormuz Sentiment Drive Energy Markets

Crude oil prices experienced heightened volatility, retreating toward $98 per barrel as mixed signals emerged regarding diplomatic discussions and vessel traffic through the Strait of Hormuz.
While preliminary ship-tracking data from Kpler shows steady flows averaging millions of barrels despite regional tensions, market sentiment remains hypersensitive to recurring headlines concerning Middle Eastern supply stability, transit security, and macro debt constraints.