CNBC·3 min read·medium
Kalshi traders see gas prices crossing $4 by end of July
A
Ananya Chetia
✦AI Summary
Traders on the Kalshi platform have increased the probability of U.S. gas prices exceeding $4 per gallon by the end of July to 93%. This speculation follows rising oil prices and renewed U.S. military strikes against Iranian forces in the Strait of Hormuz.
Odds that gas prices will go above $4 per gallon by the end of this month have jumped to 90% from 56% on Kalshi in the last two days.
businesseconomypolitics
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in