ResearchApr 11, 2026
US-Iran Ceasefire Triggers Oil Crash —But Strait of Hormuz Remains 90-95% Disrupted
US-Iran ceasefire brought oil prices down from $110 to $92 and S&P surged +2.85%. However, Strait of Hormuz remains 90-95% disrupted. Goldman Sachs warns Brent could stay above $100 through 2026.