If everything goes well, I estimate that WTI could return to around 70 dollars within a month. I'm considering when to increase my position if everything goes smoothly. Suddenly, my plan was disrupted, and I need to think again, but I can be sure that if the Strait of Hormuz is really opened, shorting is definitely not a problem, it's just a matter of profit and timing.

This is the price level where I currently have my pending orders. I'm still a bit hesitant about executing the order, whether to bet on 80 dollars for both sides to comply with the contract, or to wait for something more certain. I'm a bit conflicted, but since I have a base position opened at 91 dollars, at least there's a consolation prize.

I'll look at the others in the morning, after all, the Americans have already finished work. If there’s action, it should be on Monday. Next, I'll wait to see if a complete agreement will be left out. Then I'll make a judgment.

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