Polymarket Sees Probability of "Crude Oil Price Breaking $100 in March" Surge to 76%

Odaily News According to data from the Polymarket website, the probability of the event "crude oil price breaking $100 in March" has surged from a low of 35% yesterday to 76%, with trading volume exceeding $10 million.

Previously, JPMorgan stated that even if transit through the Strait of Hormuz is obstructed for only 3-4 weeks, it could force Gulf Cooperation Council member states to shut down oil production and push Brent crude oil prices above $100 per barrel.