Oil prices surge to $76.48/barrel, up 3%, due to rising U.S.-Iran tensions. Polymarket predicts Hormuz fees to reach 76% by Dec 31.
Oil prices surge to $76.48/barrel, up 3%, due to rising U.S.-Iran tensions. Polymarket predicts Hormuz fees to reach 76% by Dec 31.
Unusual Whales
Oil prices saw a sharp increase as Brent surged by more than 3% to reach $76.48 per barrel at 06:30 GMT. This rise was attributed to escalating tensions between the United States and Iran, as well as recent attacks on commercial ships in the Strait of Hormuz.