The probability of crude oil prices exceeding $100 per barrel by March 31 has surged to 63% on Polymarket, marking a 43-point increase in the past 24 hours amid rising Middle East tensions. Meanwhile, the likelihood of oil surpassing $105 per barrel has decreased by 19 points to 42%, while the probability of prices exceeding $110 has risen by 10 points to 27%. The chance of oil reaching $120 per barrel stands at 16%. These shifts reflect heightened market volatility as geopolitical factors influence trading sentiment.