WTI crude traded above $95 on the Hyperliquid blockchain, while weekend spread betting markets priced it just below $95.

This comes as Kuwait has reduced production and refining amid the ongoing Strait of Hormuz shutdown.

Qatar's energy minister warned that Gulf exporters could shut down production within days, potentially sending oil to $150.

Prediction markets on Polymarket now see a 90% chance oil tops $100 and a 25% chance it exceeds $150.

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