<2> Crude-Oil Markets React to Iran Attack: Predictions and Implications
<3> Traders’ Expectations: Where Crude-Oil Prices Will Open After Iran Attack
As the world waits with bated breath for the crude-oil markets to open, traders are already making their predictions on where prices will settle on Monday. With the attack on Iran sending shockwaves through the global energy landscape, the stage is set for a potentially volatile market.
<4> According to Kalshi, a prediction market that allows traders to bet on various outcomes, the current consensus among traders is that crude-oil prices will open at around $$70 per barrel on Monday. This represents a significant increase from the current price of around $$65 per barrel.
<5> However, not all traders are convinced that the price will rise to $70. Some are predicting a more modest increase, with prices opening at around $$67 per barrel. This represents a more cautious approach, taking into account the potential