Will the average price of Brent crude oil exceed $65 per barrel for the entire month of March 2027?

De-escalation in the Strait of Hormuz typically reduces geopolitical risk premiums on oil prices. If Iran is 'blinking,' it could stabilize or even slightly reduce these premiums, but other market factors are also at play. This question gauges the market's reaction to perceived stability.

Implied probability (Yes)

55%

Closes

2029-08-23