The market raises oil price expectations again, WTI crude oil breaking above $115 per barrel seen as a high probability event

According to PolyBeats monitoring, following Trump's threat that the U.S. Navy will block the Strait of Hormuz, intercepting all vessels paying passage fees to Iran, the market's expectation for oil prices has once again increased. On the prediction market Polymarket, it has become a high-probability event that the "WTI Crude Oil's single-day closing price for this month" will exceed $115 per barrel, with the current probability at 57%. The probability of exceeding $120 per barrel is 40%, exceeding $130 per barrel is 23%, and exceeding $150 per barrel is 8%.

In addition, according to Bitget market data, the WTI Crude Oil closed at $95.74 per barrel on the previous trading day.