Crude oil is eying a rebound as tensions between the US and Iran rise at a time when inventories are falling.

WTI ended last week at $71.50, while Brent, the global benchmark, was trading at $75.22.

WTI and Brent Jumps on Hyperliquid The two benchmarks are rising today on Hyperliquid, the popular perpetual DEX trading platform.

WTI rose to $73.8, while Brent moved to $78.

At the same time, traders on Polymarket and Kalshi predict that oil prices will continue rising.