Brent and WTI crude prices rose sharply after U.S. forces destroyed five Iranian oil tankers, an incident reported by CENTCOM (U.S. Central Command) after Iran targeted a U.S. Navy warship with ballistic missiles. Brent reached $96.28 per barrel and WTI $91.48, posting weekly gains of 7.6% and nearly 10%, respectively. The escalation has increased concern about supply disruptions and pushed prediction-market pricing higher, although the probability of crude oil reaching an all-time high by September 30 stood at 1.2%, compared with 10.5% for December 31. Market participants are watching further U.S.-Iran military or diplomatic developments, along with statements from OPEC’s Secretary-General Mohammad Sanusi Barkindo and Saudi Energy Minister Abdulaziz bin Salman Al Saud. The source says additional escalation or resolution could produce significant oil-price movements. Vera is offering live prediction-market analysis and invites users to sign up.