Oil jumps on U.S.-Iran tensions as Polymarket puts Hormuz fees at 76% by Dec 31
Brent climbed over 3% to $76.48 a barrel at 06:30 GMT after renewed U.S.-Iran fighting and attacks on commercial vessels in the Strait of Hormuz.
Iran attack report clouds US-Iran talks as Polymarket Switzerland slips to 31%
A report said Iran attacked Kuwait and Bahrain, reigniting US-Iran tensions and casting doubt on near-term logistics for follow-on talks.
US strikes on Iran lift Polymarket invasion odds to 14.5%
CENTCOM said the U.S. military launched “powerful strikes” against Iran to impose “heavy costs,” escalating pressure on Tehran.
U.S. hits Iran after ship attacks, Polymarket sees 61.5% Hormuz normalcy
Early Wednesday, the U.S. military struck Iran hours after three merchant ships were hit in the Strait of Hormuz, escalating a fragile ceasefire and complicating talks to reopen the waterway.
OPEC+ hikes output as Hormuz traffic lags, Polymarket 99% on no by July 15
After a virtual meeting, OPEC+ said it will raise output by 188,000 bpd from August as it continues unwinding 2023 voluntary cuts, while Hormuz transits stayed far below the usual ~130 per day.
Iran funeral preparations hit Hormuz normalization bet to 59.5% on Polymarket
Today in Tehran, Iran is holding a funeral procession for its slain supreme leader, with organizers expecting millions to attend amid heightened tensions.
Khamenei funeral draws crowds as Polymarket sees 11.5% odds of US invading Iran
On the second day of funeral ceremonies in Tehran, Iranian TV showed Mostafa, Meysam and Masoud Khamenei praying behind coffins at the Imam Khomeini Grand Mosalla as Mojtaba remained absent.
Yemen clash dents Hormuz outlook as Polymarket puts July normalcy at 16%
A Yemeni official said Houthi forces killed 14 government troops in an attack south of Hodeidah near the Red Sea port.
Iran envoy hints at selective Hormuz fees as Polymarket odds jump to 68%
On Tuesday, an Iranian envoy said countries friendly to Tehran could get “special” treatment if fees are introduced for Strait of Hormuz use.