Crude Oil (CL) — Strait of Hormuz reopening uncertainty dominates — U.S.-Iran talks stalled as…
Market divided and uncertain — traders are pricing a 50/50 binary on Hormuz reopening, with $82 representing a 'no man's land' where neither the full geopolitical premium ($85-90) nor the pure fundamental floor ($70-74) is fully reflected, as non-commercial positioning at the 13.9th percentile confi