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Brent crude exceeds $85 per barrel by August 15

Brent crude futures jumped to $75.53 on July 7 amid U.S. strikes on Iran and oil supply disruptions. Geopolitical tensions and sustained supply constraints from sanctions will likely push prices above $85 by mid-August.

price · Prediction Market

Implied probability (Yes)
72%
Closes
2026-08-15

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