WTI crude oil prices to exceed $85 per barrel by June 1

Market overview

Oil prices rose on Monday amid escalating U.S.-Iran tensions, with President Trump criticizing the ceasefire. If geopolitical risks persist or escalate, WTI crude is likely to breach $85 per barrel ahead of the June 1 deadline.

price prediction market

Implied probability (Yes)

65%

Source: user-generated

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