Trump extended the Iran ban indefinitely, sending US stocks to record highs. The Polymarket contract for WTI Crude Oil hitting $160 in April has arrived
Market performance
The WTI Crude Oil hits $160 in April the contract is over
The daily trading price is $49,622, but the actual volume of USDC was only $514. It costs $1,955 to change this market by 5 points, so the money is low. One big plan can move the tree a lot. The main price movement in the last 24 hours was indifferent, consistent with the stable conditions after the announcement.
Why is it important?
The cease-fire indicates a drop in oil prices, and a decrease in the $160 level. Geopolitical de-escalation and the resumption of the Hormuz movement are happening in real time. The share price of YES
For you to see
Any changes in US-Iran relations or OPEC+ production decisions. Key signs: a relaunched tank passes through Hormuz, other diplomatic events, or disruptions in the ceasefire. Some of these can move the cost of the contract quickly because they are so low.
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