Prediction markets put the probability at 43%: Will WTI Crude Oil (WTI) hit (LOW) $85 in July. Currently, markets are divided (43% YES, 57% NO). Iran has launched retaliatory attacks following the ninth consecutive night of US airstrikes, resulting in the closure of the Strait of Hormuz.
Lower-volume market on Polymarket ($73K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 43c YES.
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