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Crude oil prices haven’t climbed as much as some expected in five months of war – why?

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Crude oil prices haven’t climbed as much as some expected in five months of war – why?

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Some analysts predicted the price of crude oil could hit $150/bbl or even $200 when the U.S.-Iran war effectively shut the Strait of Hormuz, the vital gateway for 20% of global supply, but Brent crude futures peaked at $126/bbl and averaged ~$100 between the start of


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