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Record #6425

Oil prices will rise to about $150-$160 per barrel within weeks of early June 2026 because of the Iran war and the Strait of Hormuz disruption

Pending

Recorded occurrence

Each quote retains its own speaker, episode, publication date, timestamp when available, and full-source link.

  1. Occurrence 1 of 1 · source record #6425

    The Young Turks · Access Denied - June 1, 2026

    Original quote
    because of the fact that the diplomatic talks are completely off and there are also talks about a different straight that Iran might block, oil prices are likely gonna go up to $160 per barrel
    Quote begins at 27:43
Prediction time2026-06-02

Exact speaking time unavailable; using the official episode publication date.

Episode published2026-06-02
FirmnessLoose
TopicEconomy
Resolve by2026-08-31
Boldness55 · Notable

How the call settles

Benchmark (Brent) crude oil prices reach roughly $150-$160 per barrel at any point by the end of August 2026

Our reasoning

Pending. It will be judged only by this stored rule: Benchmark (Brent) crude oil prices reach roughly $150-$160 per barrel at any point by the end of August 2026 Deadline or event: 2026-08-31.

Correction history

  1. Outcome

    The previously published verdict has been withheld from public scoring because its semantic resolution date did not meet the public validation contract. No replacement verdict has been published.