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Oil prices exceed $100 per barrel by end of April due to Iran-US tensions

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user-generated· macro

Oil prices exceed $100 per barrel by end of April due to Iran-US tens…

Market overview

Iran's disruption of the Strait of Hormuz and the US naval blockade have already contributed to rising oil prices. Further escalation in tensions, including military actions or sanctions, will likely drive Brent crude prices above $100 per barrel as global supply risks mount.

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Implied probability (Yes)
70%

Source: user-generated

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