Here’s where traders expect crude-oil prices to open after this weekend’s attack on Iran

MarketWatch

by Joseph Adinolfi

March 1, 2026

AI-Generated Deep Dive Summary

Traders are closely monitoring crude-oil markets following last weekend’s attack on Iran, with many turning to prediction markets like Kalshi to bet on where prices will open this Monday. As official trading hasn’t resumed yet, early indicators suggest heightened volatility and uncertainty in the market. The situation in Iran has already sparked concerns about supply disruptions and geopolitical tensions, which could significantly impact global energy prices. The attack on Iran’s oil installations has raised fears of retaliatory measures, potentially escalating a conflict that could disrupt oil exports from one of the world’s top producers. This has created a ripple effect across financial markets, with traders and investors closely watching how these developments will play out. Prediction markets like Kalshi are reflecting this uncertainty, as participants weigh the potential for price spikes against broader market dynamics. For those tracking crude-oil prices, the implications of this conflict go beyond immediate market reactions. The ongoing tensions in the Middle East highlight the delicate balance of supply and demand that drives global energy markets. Investors will be closely watching how geopolitical events unfold and whether they lead to sustained changes in oil production or consumption patterns. This situation underscores the interconnectedness of financial and energy markets, making it a critical time for traders and investors to stay informed about developments in both crude-oil pricing and geopolitical relations. The potential for long-term market shifts adds another layer of complexity, as participants assess how these events might influence future trading strategies and risk management.

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Originally published on MarketWatch on 3/1/2026