Oil Futures Expecting Iran War Resolution, Hormuz Reopening

Oil contracts are still about one-third above pre-war levels with Iran, though they remain well below the peaks reached in the opening weeks of the conflict. The piece focuses on the oil futures curve and physical barrel pricing, suggesting ongoing but easing geopolitical risk premium. Market impact is limited to energy and commodity pricing rather than a broad market catalyst.

Analysis

Oil contracts are still about one-third above pre-war levels with Iran, though they remain well below the peaks reached in the opening weeks of the conflict. The piece focuses on the oil futures curve and physical barrel pricing, suggesting ongoing but easing geopolitical risk premium. Market impact is limited to energy and commodity pricing rather than a broad market catalyst.