Crude oil prices rise above $95 per barrel within 30 days

Iranian attacks disrupt shipping in the Strait of Hormuz, a critical oil transit chokepoint carrying 20% of global oil supply. Reduced supply risks and heightened geopolitical premiums are expected to push Brent crude prices above $95/bbl by early August.

price · Prediction Market

Implied probability (Yes)

75%

Closes

2026-08-06

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