OIL → $80.00 by May 14, 2026.

Lately oil prices have been moving up again, mostly driven by geopolitical tensions and the risks around the Strait of Hormuz. Around 20 percent of global oil flows through that route, so even the possibility of disruption can push prices higher quickly. But looking at previous spikes, it often feels like the market prices in worst case scenarios first and then gradually cools off once actual supply disruptions fail to materialize. A few things make me think prices might normalize …