Iran has announced that it will no longer charge direct transit fees for the Strait of Hormuz but will impose other fees to maintain the stability and smooth operation of the strait. The specific fee structure has not yet been clarified. According to Nikkei News, Iran will reopen the Strait of Hormuz 30 days after reaching an agreement with the U.S. to end the conflict. Ships from all countries will be able to navigate freely and safely, just like before the blockade. As I expected, shorting WTI is still very effective, and there will be a relatively long preparation period. The first target is $85, then gradually aiming below $70.