WTI Oil Reaching $80 in July 2026 Seen at 47% on Polymarket

Polymarket’s contract on whether WTI crude oil will rise to $80 in July 2026 was priced at a 47% probability, up 28% over the past 24 hours. According to Odaily, U.S. President Donald Trump said today that he may carry out a large-scale attack on Iran, as a 60-day ceasefire agreement between the United States and Iran was described as precarious. Odaily reported that tanker traffic through the Strait of Hormuz has “basically stalled.” Kpler senior oil analyst Naven Das said that since the United States and Iran reached a 60-day ceasefire agreement on June 17, the average number of tankers passing per day has been about 32. Das said this figure is nearly three times the daily average from the outbreak of the conflict in February through the June 17 agreement, though it remains well below pre-war levels.