High probability for Brent crude exceeding $100/barrel by July 2026 due to Iran-Gulf tensions.
The market shows an 88.85% probability that Brent crude will exceed $100/barrel by July 31, 2026, largely driven by geopolitical tensions in the Iran-Gulf region. The Pulse AI also indicates a strong likelihood at 77.85%, though the confidence level is moderate at 55/100, suggesting some uncertainty in the data.