## Market Snapshot
Iran Airspace Closure market is currently priced at 40% YES, up from 36% 24 hours ago. The WTI Crude Oil market sees a 1.4% YES for prices hitting $150 in May, down from 2% a day earlier.
## Key Takeaways
– Ryanair CEO’s warning appears to support increased risks for European airlines amid the ongoing Strait of Hormuz closure. – The current pricing in the Iran airspace closure market suggests heightened concerns over potential airspace restrictions. – WTI Crude Oil pricing indicates a less likely scenario for prices hitting $150, despite the ongoing conflict affecting oil routes.
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