S9/10Geopolitical

Oil prices jump after Iran missiles threaten fragile ceasefire

Traders worry that the new strikes could escalate into a return to all-out conflict in the Middle East

07 Jun 2026, 22:17 UTCSource: FT WorldOriginal source

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⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
A
Escalation79% model probability

Confirmation indicators

  • Increased military activity between Iran and Israel/Saudi Arabia, including air defense systems activation and potential missile launches. International condemnation of Iranian actions by major powers.
  • Time Horizon: 10
Horizon: 10–20 days
B
Status quo15% model probability

Confirmation indicators

  • Increased military activity between Iran and Israel/Saudi Arabia, including air defense systems activation and potential missile launches. International condemnation of Iranian actions by major powers.
  • Time Horizon: 10
Horizon: 10–20 days
C
De-escalation6% model probability

Confirmation indicators

  • Increased military activity between Iran and Israel/Saudi Arabia, including air defense systems activation and potential missile launches. International condemnation of Iranian actions by major powers.
  • Time Horizon: 10
Horizon: 10–20 days