Brent crude oil price exceeds $105/bbl by August 15, 2026

The revocation of Iran oil waivers reduces global supply amid rising tensions in the Strait of Hormuz. Increased shipping risks and potential retaliatory actions by Iran could further disrupt oil flows, pushing Brent prices above $105/bbl within six weeks.

macro · Prediction Market

Implied probability (Yes)

70%

Closes

2026-08-15

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