ADNOC warns Gulf oil disruptions may persist until 2027, impacting WTI prices

## Market Snapshot

Fed decision markets show low YES pricing for a rate cut in June and July, with a combined 24h volume of $2,153,219. WTI crude oil markets show increased YES pricing, with a 26% chance of hitting $110 in May 2026.

## Key Takeaways

– ADNOC’s warning appears to impact expectations for WTI crude oil prices, with an increase in the likelihood of hitting $150. – Market pricing suggests persistent inflation concerns, potentially influencing Fed rate decisions for June and July. – The Bab el-Mandeb Strait closure market shows limited relevance to the ADNOC announcement, with current odds unchanged.

## Article Body