WTI Jumps >3% to ~$105.46 as Strait of Hormuz Reports Signal Near Standstill in Corridor That Typically Moves ~20MM Barrels/Day

WTI moved >3% to ~$105.46 (as of 05/04/26) Recent public reports citing vessel-tracking data indicate Hormuz traffic is near a standstill EIA analysis indicates ~20MM bpd typically transits Hormuz in recent years HOUSTON, TX / ACCESS Newswire / May 5, 2026 / XCF Global, Inc. ("XCF") (Nasdaq:SAFX), an emerging player focused on lowering emissions and strengthening the resilience of the aviation fuel supply chain through sustainable aviation fuel ("SAF"), today highlighted how intensified geopolitical risk in the Persian Gulf may contribute to volatility across global energy markets. Recent public reports citing vessel-tracking data have indicated that traffic through the Strait of Hormuz is near a standstill, and industry groups have reportedly cautioned that secure passage procedures remain unclear, and the maritime threat level remains elevated.