Polymarket Odds of WTI Crude Breaking $90 in September Rise to 77%, Up 17% in 24 Hours
PPP Prediction Market Tool monitoring shows that in the Polymarket event "WTI Crude Oil Price in September," the probability of breaking $90 per barrel has risen to 77%, up 17% in 24 hours; the probability of breaking $95 per barrel is currently at 47%, up 18% in 24 hours.
The US-Iran conflict continues to escalate. Today, two supertankers were hit by unknown objects in succession while passing through the Strait of Hormuz in the Persian Gulf, further intensifying market concerns about crude oil supply. Affected by this, international oil prices continued to rise, with WTI crude approaching $88 per barrel and Brent crude rising above $92 per barrel.
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