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oil price crash

WTI Oil Crisis deep selloff as Strait of Hormuz oil tankers resume amid Iran truce

WTI Oil Crisis -14.2%: How a Truce Triggered a Crash

By Maik Kemper • Apr 7, 2026

WTI Oil Crisis deep selloff as Strait of Hormuz oil tankers resume amid Iran truce

WTI Oil Crisis -14.2%: How a Truce Triggered a Crash

By Maik Kemper • Apr 7, 2026

Is the WTI Oil Crisis already over just as traders had fully priced in a prolonged supply shock from the Iran conflict? Maik Kemper Editor…