This was one of the most volatile weeks of the entire three-month Hormuz crisis. WTI crude touched $100 a barrel early in the week, collapsed to $90 on deal optimism midweek, snapped back above $90 when airstrikes resumed, and is ending the week right back near $90 as a potential ceasefire extension waits for President Trump’s signature. Oil moved as much as six dollars in a single session on multiple days. The one certainty heading into the weekend is that nothing is solid until a deal is signed and the first tanker moves freely through the Strait.