Oil prices will rise above $100 per barrel by September 2026

The attack in the Red Sea and ongoing geopolitical tensions in the Middle East threaten key shipping routes, including the Bab el-Mandeb Strait. Any disruption to oil flows through this critical chokepoint could reduce global supply, driving prices higher.

price · Prediction Market

Implied probability (Yes)

65%

Closes

2026-09-01

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