Oil tanker stocks are rising as the Iran conflict tightens supply through the Strait of Hormuz. The “Crude Oil All Time High by April 30” market sits at 1.2% YES, down from 2% a day ago.
Market reaction
The market for crude oil reaching an all-time high by April 30 has volume at just $3,408 over the past 24 hours. It takes only $655 to shift the market by 5 points, which means the order book is thin and smaller trades can move prices disproportionately. The WTI Crude Oil Prices in April 2026 market is priced at 0.9% YES.
Why it matters
The Strait of Hormuz carries about 20% of global petroleum. A prolonged disruption to shipping through the strait could push oil prices toward their all-time highs. Military conflict and shipping disruptions in the area are the main drivers of upside risk, but the market is pricing that outcome as very unlikely with only 6 days remaining.
What to watch
A YES share on crude hitting all-time highs by April 30 costs 1.2¢ and would pay 83.3x if the contract resolves YES. With 6 days left, that outcome would require a specific, fast-moving catalyst: a complete Hormuz blockade, a major infrastructure attack, or OPEC+ announcing production cuts. Watch for announcements from OPEC+ or further military escalation affecting Hormuz transit.
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Crude Oil All Time High April 30| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 1.4% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April | 0.9% | — | — | Trade → |
