Brent crude has retreated to the low $70s after surging above $120 per barrel during the closure of the Strait of Hormuz, but the sharp decline may be masking continued risks to the global oil market, according to eToro. Although prices have largely returned to pre-conflict levels, the Strait of Hormuz has yet to fully resume normal operations, shipping disruptions persist, and diplomatic negotiations remain fragile. The disconnect highlights how financial markets respond to changing expectations rather than current physical supply conditions. Commenting on the market, Nagham Hassan, Market Analyst ...