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Geopolitics

Strait of Hormuz traffic returns to normal by end of May?

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Bulls Say, Bears Say

Bulls Say

Strong upward price momentum (+14% weekly) signals growing market confidence in normalization

US-Iran diplomatic channels have historically produced rapid de-escalation in Hormuz tensions

At 52¢, market already leans toward resolution before the May deadline

Bears Say

Zero 24h volume suggests thin liquidity and unreliable price signals

No supporting news confirms any concrete steps toward traffic normalization

Regional geopolitical disputes rarely resolve on predictable timelines

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