May 4, 2026

Trump’s ‘Project Freedom’ boosts oil prices amid Strait of Hormuz tensions

Trump’s ‘Project Freedom’ boosts oil prices amid Strait of Hormuz tensions

## Market Snapshot WTI Crude Oil market is currently evaluating the likelihood of prices reaching $150 in May. Recent developments have led to increased pricing activity, consistent with the YES outcome. Bitcoin markets for May 6 and 7 show strong support for the price remaining above $66,000, with odds at 99.7% and 99.4% YES, respectively.

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Iran tensions push Brent crude to highest since March 2022 at $126.4

Iran tensions push Brent crude to highest since March 2022 at $126.4

## Market Snapshot The Bitcoin market for May 7 currently shows 99.4% YES pricing for the price being above $66,000, with no significant changes over the past day. Meanwhile, crude oil markets predict a 100% YES outcome for prices hitting $90 by the end of June. ## Key Takeaways – Market sentiment appears consistent with

Iran tensions push Brent crude to highest since March 2022 at $126.4 Read More »

Barclays predicts no Fed rate cuts until 2027 amid inflation, oil price concerns

Barclays predicts no Fed rate cuts until 2027 amid inflation, oil price concerns

## Market Snapshot Fed Rate Cuts Predictions for 2026 are currently at 45% YES, indicating a decrease in likelihood. The Fed Decision markets for June and July 2026 show a 3.6% YES for June and 88.5% YES for July, suggesting differing expectations for rate changes in these months. ## Key Takeaways – Barclays’ forecast of

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Oil heads for weekly drop below $110 amid Iran talks and market jitters

Oil heads for weekly drop below $110 amid Iran talks and market jitters

Oil prices are on track to close the week below $110 per barrel after sharp swings in trading, driven by shifting geopolitical signals and supply-side developments. Brent crude’s June contract briefly surged to $126 per barrel on Thursday before easing, as markets reacted to Iran’s proposal for renewed negotiations sent to the Trump administration through

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Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output

Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output

By Josh Owens – May 03, 2026, 8:40 PM CDT Oil prices edged lower in early Asian trading on Monday after President Trump announced the U.S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output increase. At the time of writing, WTI crude was down 0.65% at $101.30, while Brent

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