vor 22 Min.
WTI Crude Volatility: Will UAE Port Attacks and Hormuz Standoff Drive Oil to $114?
USOIL (WTI Crude Oil) is trading near $104.50 on May 5, 2026, as the market digests a series of high-stakes military escalations in the Persian Gulf. Despite a modest 1.5–2% intraday pullback, the commodity remains pinned at elevated levels following a violent 4% surge in the previous session. The fragile four-week ceasefire has effectively collapsed after Iran exchanged fire with U.S. forces and launched a successful drone strike on a critical UAE oil terminal.