A smart money account has invested $4.1k in a prediction that crude oil prices will reach $120 by July. On the prediction market Polymarket, a smart money account has invested $4.1k in a buy-"yes" prediction for "Will crude oil prices reach $120 by July?", with a current probability of "yes" at 66%. Prices for immediate delivery crude oil have risen to their highest level since 2008, with traders attributing the surge to market concerns about the escalating conflict between the US and Iran, which could further disrupt Middle Eastern crude oil and refined product supplies. JPMorgan Chase states that if current supply disruptions through the Strait of Hormuz continue, crude oil could rise to $120-$130 per barrel in the short term; if the disruptions persist until mid-May, prices could even exceed $150. Account: 0xff165cf8eb75ee77933a7544d7cd600ccb2c7511 Total Investment: $4.1k --------------------------------- See the future sooner, follow @PolyBeats_Bot See tomorrow, today. Follow @PolyBeatsEN