Little relief expected for gas prices ahead of Election Day, according to prediction markets

Markets are digesting a clear general catalyst titled "Little relief expected for gas prices ahead of Election Day, according to prediction markets". Gas prices have been elevated ever since the start of the Iran war, and little relief is expected ahead of the midterm elections on Nov. Speculators on prediction market platform Kalshi place more than 80% odds that gas prices will remain above $4 per gallon on Election Day.

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