From the latest updates, although Iran claims to continue blocking the Strait of Hormuz, the actual traffic situation in Hormuz is much better than expected. While it hasn’t returned to the peak levels before the war, it’s already much improved compared to during the war. So, WTI oil prices have given the most direct answer—today it has dropped below $73. The fact that Iran is keeping the Strait of Hormuz open is something the market is voting on with real money.