The Price of War: Gas Prices Skyrocket Amid US Iran Tensions The prospect of gas prices crossing $4 per gallon by the end of July has become a stark reality among Kalshi traders.
With odds now sitting at 90%, it's clear that the ongoing US Iran conflict is having a ripple effect on global markets.
The United States' relaunching of strikes against Iran has led to steadily climbing oil prices, and their trajectory remains uncertain.