Crude oil prices have skyrocketed since the start of the Iran war, only dropping slightly when Trump announced a ceasefire on April 7. Ahead of the ceasefire expiring on April 22, Trump said that he expected the U.S. was "going to end up with a great deal" with Iran, saying he thinks Iran has "no choice" (1). Instead, he ended up extending the ceasefire. But Iran's recent seizure of two ships in the Strait of Hormuz has put that ceasefire on shaky ground (2). Must Read Brent crude oil prices are back ov ...