Polymarket probability of WTI crude oil breaking $90/barrel in September rises to 60%, up 15% in 24 hours

According to monitoring by the PPP Prediction Market Tool, in the Polymarket prediction event "WTI Crude Oil Price Level in September," the probability of breaking $90/barrel has risen to 60%, up 15% in the past 24 hours; the probability of breaking $95/barrel is currently reported at 30%, down 1% in the past 24 hours.

On Sunday local time, the U.S. military launched its first military strike against Iran in over a month, targeting two Iranian rocket launchers on Larak Island near the Strait of Hormuz. Shortly after the attack, Iran retaliated against a U.S. military base in Jordan. As the conflict escalated once again, international oil prices moved higher, with WTI crude briefly surging to $85.53/barrel.

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