Trump blockade order sends global oil prices above $100

Apr 13, 2026 8:37 PMPublished Apr 13, 2026 8:37 PM

The U.S. blockade of the Strait of Hormuz, a chokepoint for 20% of global energy, is a dangerous escalation that risks sending oil prices to $170 and crippling global growth to 2.2%, especially with strategic reserves nearing their limit. Is this a justifiable gamble for the global economy?
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Interesting to see how prediction markets react to these massive geopolitical shifts.

www.thestreet.comTrump blockade order sends global oil prices above $100Interesting to see how prediction markets react to these massive geopolitical shifts.

Hyperliquid •Brent Crude Oil •US Iran War •Iran •Markets

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