Crude Surges to $97 on Strait Closure, Gas Capitulates on Shoulder Season
Friday, April 24, 2026. WTI opens $92, surges to $97 (+$7.74 week). Inverted head and shoulders bullish setup. Strait of Hormuz near-zero traffic. Iran's "Tehran Tollbooth" demands $2M per vessel. Henry Hub $2.58 (-1.43%), down 11.52% monthly. Forward curve steep. Trade the data, not the headlines.
