Polymarket "crude oil reaches $90 before end of March" probability rises to 82%, intraday gain of 67%

GateNews

2026-03-23 14:30:41

Gate News, March 23 — The probability of Polymarket’s event “Crude oil (CL) reaching $90 before the end of March” has risen to 82%, with a daily increase of 67%. Meanwhile, the probability of “Crude oil reaching $100 before the end of March” has decreased to 36%, with a daily decline of 52%.

Regarding the background, Trump stated that Iran has agreed not to develop nuclear weapons and that the Strait of Hormuz may be jointly managed by multiple parties. If such an agreement is reached, oil prices could experience significant fluctuations. Additionally, the Middle East situation remains uncertain, leading to a clear divergence in market expectations for short-term oil price ranges.

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