WTI crude oil ended the week around $69 a barrel. The current price is below where prices were before the Iran war began. And this was the week the market made clear it believes the supply is actually coming back. From Monday’s peace talk optimism to Thursday’s record flows through the Strait, prices fell nearly $7 in five trading sessions. And yet, by Friday, a vessel attack near Oman, Iran turning back tankers it deemed unauthorized, a revealing of unreported damage to the U.S. naval base in Bahrain reminded everyone that $69 is a trading level, not necessarily a reality.