Global oil prices rise 10% within 30 days due to Iran waiver revocati…

The revocation of Iran's oil waivers will reduce global supply amid ongoing Strait of Hormuz tensions, pushing Brent crude prices above $95 per barrel by August 7, 2026. Market reactions to geopolitical supply risks often manifest quickly, with futures contracts reflecting immediate risk premiums.

macro · Prediction Market

Implied probability (Yes)

75%

Closes

2026-08-07

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