Oil futures surged over 2% early Monday as peace negotiations between the United States and Iran reached an impasse, limiting oil shipments through the Strait of Hormuz and maintaining global oil supply tensions. According to Jin10, recent fluctuations in oil futures prices have been significant, with traders needing to predict both the resumption of oil exports from the Persian Gulf and the time required for regional production to return to pre-conflict levels. U.S. President Donald Trump stated on Sunday that Iran's inability to export oil is increasing domestic pressure, potentially causing long-term damage to its energy export infrastructure. Goldman Sachs analysts also commented on Sunday, delaying their expectation for the Strait of Hormuz to return to normal export levels from mid-May to late June. Additionally, they raised their fourth-quarter WTI crude oil price forecast from $75 per barrel to $83 per barrel.