Oil prices spike above $100 per barrel by 2026-06-30 due to Strait of…

Market overview

A sustained military engagement in the Strait of Hormuz would disrupt 20% of global oil supply, triggering a supply shock. Futures markets indicate a high likelihood of prices breaching $100 if hostilities escalate, as seen in past crises like 2019's Abqaiq attack.

price prediction market

Implied probability (Yes)

70%

Source: user-generated

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