user-generated· macro
Oil prices spike above $120/bbl by 2026-09-30 due to Hormuz closure
The continued closure of the Strait of Hormuz will drive global oil prices above $120 per barrel by the end of September 2026. Disruptions in oil shipping through the Strait, a critical chokepoint, will reduce global oil supply and increase market volatility.
macro · Prediction Market
- Implied probability (Yes)
- 60%
- Closes
- 2026-09-30
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