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Line chart showing WTI crude oil declining over four sessions amid a Hormuz shipping data dispute.

Crude oil has fallen for four straight sessions, with the U.S. Central Command citing a six-month high in Strait of Hormuz tanker traffic as the reason. WTI slipped below 95 dollars a barrel, extending its retreat from the 105.83 dollar peak set September 15 after Houthi strikes triggered the first Riyadh air raid alert since the conflict began. Iran disputes the read: parliament speaker Mohammad Bagher Ghalibaf said the strait stays closed until his conditions are met, a claim that sits against the shipping data circulating in Washington.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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