user-generated· macro
Oil prices exceed $120 per barrel by August 1 2026
Global oil markets remain volatile due to the Strait of Hormuz conflict, a critical chokepoint for oil transit. Any disruption in shipping traffic or further military escalation will drive Brent crude prices above $120 per barrel.
macro · Prediction Market
- Implied probability (Yes)
- 70%
- Closes
- 2026-08-01
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