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WTI traded near $69.65 after losing about $8 in the week, its lowest since February 27. Energy Secretary Chris Wright said Hormuz crude flows had returned to pre-war levels, with about 20 million barrels passing on Wednesday.
Expectations of higher Gulf and Venezuelan supply are weighing on crude and reducing the cost pressure on biofuel feedstocks and fertilizer. The price trend depends on whether Hormuz flows keep recovering.
fxstreet.comGuillermo AlcalaJun 26, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
