The British pound fell to its lowest level in a month, reaching $1.3474 against the U.S. dollar as surging oil prices supported the greenback. The U.S. dollar index rose to a two-week high, while Brent crude gained 3% to about $108 a barrel. Market analysts linked the moves to concerns over energy supplies and broader risk aversion, which also weighed on sterling against other major currencies. Market pricing showed the probability of crude oil reaching a new all-time high by December 31 edging up, with YES pricing rising from 14% to 15.5%. Traders are watching comments from OPEC’s Mohammad Sanusi Barkindo and Saudi Arabia’s Energy Minister Abdulaziz bin Salman Al Saud, developments in Middle East geopolitical tensions, and upcoming economic data that could affect the dollar’s strength relative to the pound. The report also promotes live prediction-market analysis powered by Vera and invites users to sign up for Vera.