The price of Brent Crude Oil for this market shall be defined as the daily closing price of the July 2026 futures contract (symbol JUL26), as reported by ICE and available at:

https://www.ice.com/products/219/Brent-Crude-Futures/data?marketId=6018430&span=1

This market will resolve to Yes if, on any date up to and including May 28, 2026, the closing price of the JUL26 Brent crude futures contract is $120 per barrel or higher. Intraday prices will not be considered for the purpose of market resolution.

Otherwise, the market will resolve to No.