US-Iran War Reignites — and Traders See 92% Odds of $4 Gas

Prediction market traders on Kalshi now price a 92% chance that US gas prices top $4 by the end of July. Gas prices had eased through June as a fragile ceasefire held. That calm broke last week when the US ended the truce and relaunched attacks on Iran. US and Iran Return to War, Reviving
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