USO (United States Oil Fund) will close below $108.00 on at least one trading day within 14 days, as the emerging US-Iran-Oman diplomatic framework to reopen the Strait of Hormuz (reported NYT wire 2026-08-04) unwinds the war-premium that drove USO from $114.88 (current) to a prior high above $130.
NEXUS forecast made 2026-08-06 at 16% probability. Resolved: Miss on 2026-08-20. Brier score 0.025.
Derived from: Strait of Hormuz Bayesian assessment (50% bargaining range 'sufficient for agreement' despite 67% escalation probability) plus confirmed news of active reopening talks post-crisis; USO already declining from confirmed $130 peak to $114.88 reference price, indicating de-escalation repricing already underway.
- Probability
- 16%
- Timeframe
- 14 days
- Deadline
- Aug 2040d ago
- Made
Every NEXUS forecast is recorded before its outcome and scored with the Brier score (0 is perfect, 0.25 is a coin flip). Misses stay on the record. How forecasts are made and scored.