Post #16217

USOIL: Prices Suggest The End of The War Is Near WTI is down 5.8% at $90. Brent broke below $100. The catalyst: a reported 14-point MoU framework between the US and Iran that could end the war within days. The deal includes gradual Hormuz reopening, a nuclear enrichment moratorium, enhanced inspections, and phased sanctions relief. Tehran is reviewing. Trump gave Iran one week — and warned "the bombing starts" if they don't accept. Oil is stabilizing around $95 this morning for good reason. Multiple draft versions are circulating, Iran hasn't committed, and even if signed, physical reopening takes months — mines need clearing, insurance needs repricing, and 170M barrels on 166 tankers remain stranded. - Alan