Middle East conflict drives oil price forecast to hit $90 by June

## Market Snapshot Crude Oil Price Predictions by June market is currently priced at 100% YES for oil hitting $90 by the end of June. This reflects a firm expectation of rising prices due to ongoing geopolitical tensions. ## Key Takeaways – ECB’s Muller indicates that energy prices will likely remain elevated due to the Middle East conflict, suggesting increased pressure on oil markets. – The market for crude oil reaching $90 by the end of June is 100% supportive of a YES outcome, reflecting strong confidence in continued price increases. – Current geopolitical instability, particularly involving the Strait of Hormuz, is a key factor in market projections for oil price hikes.

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