
Oil Perpetuals Put ICE’s $200M OKX Bet to the Test
ICE and OKX are bringing crypto-style perpetuals to Brent and WTI, turning oil benchmarks into a 24/7 trading experiment.
May 22, 20261 min read0 reactions0 comments
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ICE and OKX are bringing crypto-style perpetuals to Brent and WTI, turning oil benchmarks into a 24/7 trading experiment.

Iran's missile threats near the Strait of Hormuz risk disrupting 20% of global oil transit, sending WTI crude prices toward $150 per barrel.

Gulf states' diplomatic deals cut oil price volatility, pushing $150 WTI crude by 2026 out of reach and reshaping global energy risk.

WTI crude futures fell $3.10 as easing US-Iran tensions reduce geopolitical risk, impacting global oil prices and energy costs.