The probability of the event "crude oil prices will surpass $100 in March" on Polymarket has surged to 76%.
According to data from the Polymarket website reported by Odaily, the probability of the event "crude oil prices will surpass $100 in March" has surged from a low of 35% yesterday to 76%, with trading volume exceeding $10 million.
Previous reports indicated that JPMorgan stated that even if passage through the Strait of Hormuz is blocked for only 3-4 weeks, it could force Gulf Cooperation Council member states to shut down oil production and push Brent crude oil prices above $100 per barrel.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano roadmap consists of five phases, Plomin hard fork completes the final governance phase

BUZZ-Newsmax shares rise due to unexpected third-quarter profitability
NZD/USD Price Forecast: Bears gain momentum to test 19-month lows at 0.5527
BUZZ-Palo Alto Networks shares rise as KeyBanc upgrades rating
