Will the price of Brent crude oil exceed $95 per barrel at any point…

Market overview

Increased geopolitical tensions in the Middle East, particularly involving the Strait of Hormuz which is a critical oil transit chokepoint, often lead to spikes in oil prices. This strike could be a catalyst for such a rise.

Economics prediction market

Implied probability (Yes)

45%

Closes

2026-11-28

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