WTI Crude rocketed 8% as failed US-Iran talks and naval blockade threats reignite supply fears. Discover why the $100 psychological level remains a major hurdle.

USDCAD currency pair can be expected to fall to the next support level 75.00 – target price for the completion of the active impulse wave (C).

Why are oil and gas prices up today, and will Brent, US WTI crude futures, Dutch and British gas rates continue to rise or drop again? Energy markets reacted to Middle East conflict risks, Hormuz disruption,

The Polymarket contract for WTI Crude Oil hitting $160 in April sits at 0% YES, with the April 30 sub-market still open and 14 days left to resolve. Traders see virtually no chance of WTI reaching that level despite ongoing US-Iran friction and Middle East supply disruption risks.

WTI surged to $115.8/bbl -- its highest since April 2008 -- as strikes hit Iran's Kharg Island and Trump warns of wider escalation.

See prediction markets for WTI oil prices on Friday as futures markets for commodities continues to be a popular trading option.

Why are oil and gas prices down today, and will Brent crude and US WTI crude futures continue to drop or rise again soon? Oil and gas markets moved lower after signals of possible US-Iran talks eased supply fears linked to the Strait of Hormuz blockade.

Gas prices have spiked over $4 per gallon, with the Polymarket contract for WTI Crude Oil hitting $160 in April pricing at 15¢ per YES share following the effec