WTI Fails to Break $105 Despite Hormuz Risk

WTI will not hit $105 during the week of September 28, 2026, despite sharp moves and Hormuz tensions. WTI was trading around $94.60 up nearly 3.5% for the day and it reached $96.16 on September 28 before settling near $95, but analysts still cite $105 as a major resistance and the 50-day EMA sits a…