WTI Oil is back to early May levels, when initial peace processes were announced, as Trump foreshadowed a reopening of the Strait of Hormuz in 30 days. Crude tumbles 7% in this low-volume session, with traders looking for confirmation from price and volume, but the narrative is positive for markets to start the week. Exploring […]The post The Strait of Hormuz Is to Be Opened in 30 Days, Oil Down 7% – WTI Technical Analysis appeared first on ActionForex.