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WTI Jumps >3% to ~$105.46 as Strait of Hormuz Reports Signal Near Standstill in Corridor That Typically Moves ~20MM Barrels/Day

WTI moved >3% to ~$105.46 (as of 05/04/26)Recent public reports citing vessel-tracking data indicate Hormuz traffic

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  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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The Norfolk Daily News broke the news on Tuesday, May 5, 2026.
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