Iran war disrupts global oil supply, prices surge amid Strait of Hormuz crisis

## Market Snapshot

Crude Oil All Time High Predictions market shows a 19.5% YES likelihood for new highs by September 30, down from 21% over 24 hours. WTI Crude Oil Price Predictions market is consistent with increased prices. WTI Crude Oil Price in June 2026 holds at 0.4% YES for a $20 low.

## Key Takeaways

– The Iran war appears to have caused unprecedented supply disruptions, suggesting increased volatility in oil markets. – Market pricing suggests that a new all-time high for crude oil by September is less likely, with decreased odds over the past 24 hours. – The likelihood of WTI crude oil dropping to a low of $20 in June 2026 appears very low, consistent with market sentiment.

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