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Polymarket: Probability of "WTI crude oil rising to $80 by July 2026" reaches 47%, up 28% in 24 hours

2026-07-08 14:06

PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "WTI crude oil rising to $80 by July 2026" has reached 47%, up 28% in 24 hours.

Trump stated today that he may launch large-scale attacks against Iran. As the 60-day ceasefire agreement between the U.S. and Iran hangs in the balance, oil tanker traffic through the Strait of Hormuz has "essentially stalled." Navin Das, senior oil analyst at Kpler, said that since the U.S. and Iran reached a 60-day ceasefire agreement on June 17, the average daily number of tankers passing through has been approximately 32. This figure is nearly three times the average daily traffic during the period from the outbreak of the conflict (February) to the agreement on June 17, although it remains well below pre-war levels.

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