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Brent crude oil price exceeds $95/bbl by July 15 due to Kharg Island disruptions

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Brent crude oil price exceeds $95/bbl by July 15 due to Kharg Island…

Market overview

Persistent disruptions at Kharg Island, a major oil export hub, will tighten global supply. Combined with OPEC+ production cuts and geopolitical risks, Brent crude prices are expected to surge past $95 per barrel by mid-July.

price prediction market

Implied probability (Yes)
68%

Source: user-generated

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