Will the price of Brent Crude oil exceed $90 per barrel at any point before October 31, 2028?

Hopes regarding Iran often relate to potential changes in oil supply or sanctions. A positive development could either increase supply (lowering prices) or signal broader stability (increasing demand). However, sustained geopolitical tensions or production cuts from other OPEC+ members could push prices higher. The current price is around $85.

Implied probability (Yes)

45%

Closes

2030-08-23