Prediction Markets Betting on Doom

March 10, 2026 – Interview with Cris Sheridan of FinancialSense.com and ExecSpec’s Kurt Kallaus:

After oil spiked near $120 this week, prices tumbled following President Trump’s bold claim that the conflict is nearing its end. Yet, with conflicting reports and fresh news of potential Iranian mining operations, the Strait of Hormuz remains effectively paralyzed. Global markets are now on edge, watching for successful Navy escorts or a prolonged halt to energy flows. While betting markets prepare for a drawn-out crisis, Wall Street is wagering on a swift resolution. Which outlook will prevail, and what does this standoff mean for recession risks and the ongoing commodity bull market? Click here for a deep dive into these topics with Kurt Kallaus at ExecSpec.net.

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