Global oil price exceeds $110 per barrel by July 2027

Market overview

Oil markets are already reacting to heightened tensions, with Brent crude near $105. A U.S. military strike would disrupt Iranian oil output and regional stability, driving prices higher. Iran's threat to retaliate could further tighten supply.

price prediction market

Implied probability (Yes)

80%

Closes

2027-12-31

Source: user-generated

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