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Oil prices increase by over 10% due to Israel-Iran tensions by end of 2024?
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Iran•Bandar Abbas•Persian Gulf•Israeli•Israel•Iranian Navy•Kharg Island•Iranian•IRGC Navy•Alireza Tangsiri•The Washington Post
Resolution / Starting Odds
Yes • 50%
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Oil price indices such as Brent Crude or WTI Crude, financial news reports
Story
Iran Evacuates Warships and Oil Tankers Amid Israeli Attack Fears
Oct 5, 2024, 07:36 PM
Iran has evacuated its warships from the key naval port of Bandar Abbas to the Persian Gulf amid fears of an imminent Israeli attack. This move comes as Israel prepares for a potential retaliatory strike on Iran. The Iranian Navy and the Islamic Revolutionary Guard Corps Navy have been actively moving their ships to avoid serious damage. Additionally, Iran has also moved its oil tankers from the Kharg Island oil terminal. Iranian officials, including IRGC Navy Commander Alireza Tangsiri, have stated that they are ready to stand firm against any threats and are prepared for all possibilities. Reports from The Washington Post indicate that Israel plans to attack several vital targets in Iran.
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Similar markets
Yes • 50%
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Increase above $80 per barrel • 25%
Remain between $70 and $80 per barrel • 25%
Decrease below $70 per barrel • 25%
Fluctuate without clear trend • 25%
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Increase by more than 10% • 25%
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