Oil prices rise above $90 per barrel by August 2026

Geopolitical tensions in the Strait of Hormuz, a critical oil transit chokepoint, have disrupted shipping lanes. With U.S.-Iran strikes continuing, oil supply risks increase, likely pushing Brent crude above $90 per barrel by mid-August.

macro · Prediction Market

Implied probability (Yes)

75%

Closes

2026-08-15

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