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Oil prices surge above $120 per barrel by Q1 2027 due to Iran-U.S. tensions

Resolves: Brent crude oil price exceeds $120 per barrel at any point between October 1, 2026, and April 1, 2027.

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user-generated· macro

Oil prices surge above $120 per barrel by Q1 2027 due to Iran-U.S. te…

Market overview

Escalating geopolitical tensions between Iran and the U.S. following the assassination of Iran's former supreme leader and subsequent threats lead to supply disruptions in the Strait of Hormuz and reduced Iranian oil exports. This drives oil prices above $120 per barrel by the end of Q1 2027.

macro prediction market

Implied probability (Yes)
65%
Closes
2027-04-01

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Resolution criteria

Brent crude oil price exceeds $120 per barrel at any point between October 1, 2026, and April 1, 2027.

Source: user-generated

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