Brent crude prices rise to $95/bbl by June 15 2026 due to Oman logjam

Market overview

The logjam at Oman’s Fujairah port is expected to persist for at least three weeks, reducing crude export capacity from the Middle East. With global inventories tight, Brent crude is likely to climb toward $95/bbl as supply tightens.

price prediction market

Implied probability (Yes)

72%

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