WTI → $100.00 by Mar 28, 2026.

This week move in the oil market has been wild, honestly one of the most intense I’ve seen in years. WTI crude surged over 38% in a single week, briefly topping $92 before settling around $90.90, while Brent jumped more than 30% to close near $92.70. The main driver is the escalating conflict in the Middle East, which has effectively choked the Strait of Hormuz. That route normally carries about 20% of the world’s seaborne oil (around 16–20 million barrels …