Polymarket WTI Crude Oil May 2026 Price Bet Hits 62% Probability, Up 32% in 24 Hours

CL-3.45%
According to Odaily Seer, the probability that WTI crude oil will drop to $85 in May 2026 on Polymarket rose to 62% on May 27, up 32% over the past 24 hours. The move follows disclosure of a preliminary Iran-U.S. memorandum of understanding framework by Iran's Balance news agency, which includes commitments to lift maritime blockades and restore commercial vessel traffic through the Strait of Hormuz within one month.
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