🛢 Energy & Commodities risk-off · 1–3 years
A what‑if from the future

What if coordinated seizure of Russia's shadow tanker fleet disrupts export logistics?

Coordinated interdiction of Russia's aging shadow tanker fleet disrupts export logistics and raises spill/accident risk, removing barrels and lifting clean-tanker rates.

10%
our model probability
over 1–3 years
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 10% · 90% range 2–17% · 40 analogues · measured class trade_war 98% in 3 yr · 3% held back for the unknown
how we built this number — every step
Measured class rate — trade_war ≈1.3449/yr → 98% in 3 yr98%
Analyst prior · editorial share 8% of the class8%
Pooled · weight 87%10%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)10%
Published10%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a risk-off shock. Coordinated interdiction of Russia's aging shadow tanker fleet disrupts export logistics and raises spill/accident risk, removing barrels and lifting clean-tanker rates. The trigger decomposes into signed root‑shocks — Geopolitical risk ▲ · Oil supply risk ▲ · Trade tension ▲ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Volatility (VIX) VIXon Hyperliquid 📈 chartVol▲ +6.5%
hist +2.07–+4.34% · other way -9.61% (n=12)
2Nasdaq 100 NDXon Hyperliquid 📈 chartIndex▼ -4.1%
hist -2.49–-0.87% · other way +0.27% (n=12)
3Brent crude BRENTon Hyperliquid 📈 chartCommodity▲ +3.0%
hist +0.89–+2.11% · other way +0.33% (n=12)
4Tech sector XLK 📈 chartEquity▼ -3.0%
hist -1.91–-0.96% · other way +0.29% (n=12)
5Semiconductors SMHon Hyperliquid 📈 chartEquity▼ -2.5%
hist -1.79–-0.72% · other way -0.2% (n=12)
6WTI crude CLon Hyperliquid 📈 chartCommodity▲ +2.5%
hist -0.28–+1.76% · other way +4.42% (n=12)
7Nvidia NVDAon Hyperliquid 📈 chartEquity▼ -2.0%
hist -2.79–-0.04% · other way -0.32% (n=12)
8TSMC TSMon Hyperliquid 📈 chartEquity▼ -1.8%
hist -2.71–+0.08% · other way +1.36% (n=12)
9Energy sector XLEon Hyperliquid 📈 chartEquity▲ +1.8%
hist +0.23–+1.88% · other way +0.21% (n=12)
10AMD AMDon Hyperliquid 📈 chartEquity▼ -1.6%
hist -1.68–-0.17% · other way -2.12% (n=12)
11Broadcom AVGOon Hyperliquid 📈 chartEquity▼ -1.6%
hist -1.1–-0.34% · other way -0.29% (n=11)
12Micron MUon Hyperliquid 📈 chartEquity▼ -1.6%
hist -1.04–-0.49% · other way +8.9% (n=12)
13Marvell MRVLon Hyperliquid 📈 chartEquity▼ -1.6%
hist -3.87–+0.32% · other way +2.99% (n=12)
14S&P 500 SPXon Hyperliquid 📈 chartIndex▼ -1.6%
hist -1.42–-0.37% · other way +0.66% (n=12)

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
Cash / hedgeRaise cash and hold the long hedges above; this scenario is net risk-off.
For a common-man portfolio: A typical stock-heavy portfolio is at risk. Consider trimming equities, raising cash, and a small cash hedge.
Also moves (not yet on Hyperliquid): Tech sector -3.0% · United Airlines -1.5% · ExxonMobil +1.2% · Chevron +1.1% · Delta -1.3% · Chinese yuan -0.9%

Historical precedent — what analogous events actually did

Across 40 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

Israel strikes Iran — Operation Rising Lion 2025-06 China retaliates to Liberation Day: 34% tariffs + rare-earth controls 2025-04 Gold tops $3,000 for the first time amid tariff and rate-cut fears 2025-03 October 2024 Iranian ballistic-missile attack on Israel 2024-10 Saudi-Russia oil price war 2020-03 Chinese yuan breaks 7 per dollar; US names China manipulator 2019-08 OPEC abandons output defense, opting for market share vs US shale 2014-11 1986 oil price collapse 1986-02 Iran hostage crisis / US freezes Iranian assets 1979-11 Smoot-Hawley clears the US House 1929-05 US-China extend tariff truce by another 90 days 2025-08 US and China agree Geneva tariff truce, slashing rates 2025-05 Hezbollah pager and device explosions across Lebanon 2024-09 April 2024 Iranian drone-and-missile barrage on Israel 2024-04 Ukrainian drone strikes hit Russian refineries, lifting crude and gasoline 2024-03 Gabon coup d'etat 2023-08 Niger coup d'etat 2023-07 Wagner Group mutiny against the Kremlin 2023-06 ExxonMobil posts most profitable year for any US oil company 2023-01 Nord Stream pipeline sabotage 2022-09 US-led 240-million-barrel SPR release answers the Ukraine spike 2022-03 Houthi drone-and-missile strike on Aramco's Jeddah depot 2022-03 Houthi drone-and-missile attack on Abu Dhabi oil sites lifts Brent to 7-year high 2022-01 Myanmar military coup 2021-02 Abqaiq-Khurais strike triggers the biggest Brent spike on record 2019-09 Houthi drones strike Saudi East-West crude pipeline 2019-05 Bitcoin Cash hash war capitulation 2018-11 US List 3 tariffs on $200B of Chinese goods finalized 2018-09 US Section 301 List 1 tariffs take effect on China 2018-07 China retaliates: $50B tariff list incl. soybeans 2018-04 US Section 232 steel & aluminum tariffs imposed 2018-03 North Korea sixth nuclear test 2017-09 North Korea 'fire and fury' nuclear scare 2017-08 Mexican peso crash on Trump 2016 win 2016-11 Thailand 2014 military coup 2014-05 Libya civil war halts output and lifts Brent above $100 2011-02 Egyptian revolution / Mubarak uprising 2011-01 2006 Lebanon War oil spike 2006-07 Iraq invasion 2003 relief rally 2003-03 Venezuela coup attempt against Hugo Chávez 2002-04
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
CNY CNYSHORT-0.7% · 5d -0.2%69%37 0.37✓ matches cascade
BABA BABASHORT-3.2% · 5d -2.1%68%31 0.32✓ matches cascade
COIN COINLONG+8.1% · 5d +2.6%68%17 0.30⚠ differs
HOOD HOODLONG+6.9% · 5d +0.7%68%17 0.30⚠ differs
MRVL MRVLSHORT-2.8% · 5d -2.7%69%37 0.29✓ matches cascade
NVDA NVDASHORT-1.7% · 5d -3.9%68%37 0.28✓ matches cascade
NDX NDXSHORT-0.7% · 5d -0.9%68%38 0.27✓ matches cascade
10y yield DGS10LONG+8bp · 5d +7bp66%39 0.27✓ matches cascade
QCOM QCOMSHORT-4.2% · 5d -2.8%67%37 0.26✓ matches cascade
USDJPY USDJPYLONG+1.4% · 5d +0.2%64%37 0.25✓ matches cascade
XCU XCUSHORT-0.5% · 5d -0.6%64%37 0.23✓ matches cascade
LMT LMTLONG+2.6% · 5d -0.1% ↺ fades64%39 0.22✓ matches cascade
AMD AMDSHORT-0.8% · 5d -1.2%63%38 0.21✓ matches cascade
INR INRSHORT-0.3% · 5d +0.1% ↺ fades64%35 0.21✓ matches cascade

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.