Escalating Middle East tensions from U.S. and Israeli strikes on Iran since late February have disrupted oil supplies through the Strait of Hormuz, propelling WTI crude above $110 per barrel and pushing the AAA national average regular gasoline price to $4.08 per gallon as of April 2— a 35% surge in one month that explains traders' near-certainty (100%) of exceeding $4.05 by April 30, 95% odds for $4.15, and 46% for $4.50, while pricing $5.00 at just 7%. Spring break travel and seasonal demand amplify upward pressure, though de-escalation signals, potential Strategic Petroleum Reserve releases, or refinery restarts could cap rises. The next EIA outlook on April 7 will reassess amid pre-conflict forecasts now at $3.34 annual average.
Experimental AI-generated summary referencing Polymarket data · Updated$131,922 Vol.
↑ $5.00
7%
↑ $4.75
18%
↑ $4.50
57%
↑ $4.25
94%
↑ $4.15
97%
↓ $3.95
42%
↓ $3.85
36%
↓ $3.75
15%
↓ $3.50
9%
↓ $3.25
11%
↓ $3.00
6%
$131,922 Vol.
↑ $5.00
7%
↑ $4.75
18%
↑ $4.50
57%
↑ $4.25
94%
↑ $4.15
97%
↓ $3.95
42%
↓ $3.85
36%
↓ $3.75
15%
↓ $3.50
9%
↓ $3.25
11%
↓ $3.00
6%
Only the first two decimal digits of the reported price will be considered (e.g., if the price is reported as $3.257, this market will use $3.25 as the price).
The resolution source for this market will be information from the American Automobile Association (AAA), presently found here: https://gasprices.aaa.com/. Specifically, the cell under "Regular" and for the row "Current Avg".
Market Opened: Mar 31, 2026, 11:04 AM ET
Resolver
0x65070BE91...Only the first two decimal digits of the reported price will be considered (e.g., if the price is reported as $3.257, this market will use $3.25 as the price).
The resolution source for this market will be information from the American Automobile Association (AAA), presently found here: https://gasprices.aaa.com/. Specifically, the cell under "Regular" and for the row "Current Avg".
Resolver
0x65070BE91...Escalating Middle East tensions from U.S. and Israeli strikes on Iran since late February have disrupted oil supplies through the Strait of Hormuz, propelling WTI crude above $110 per barrel and pushing the AAA national average regular gasoline price to $4.08 per gallon as of April 2— a 35% surge in one month that explains traders' near-certainty (100%) of exceeding $4.05 by April 30, 95% odds for $4.15, and 46% for $4.50, while pricing $5.00 at just 7%. Spring break travel and seasonal demand amplify upward pressure, though de-escalation signals, potential Strategic Petroleum Reserve releases, or refinery restarts could cap rises. The next EIA outlook on April 7 will reassess amid pre-conflict forecasts now at $3.34 annual average.
Experimental AI-generated summary referencing Polymarket data · Updated



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