Gasoline prices set to go higher after Trump's Iran proposal rejection. Here's how much they can rise
- Posted on May 11, 2026
- By CNBC
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- 1 min read
Gasoline prices set to go higher after Trump's Iran proposal rejection. Here's how much they can rise
President Donald Trump rejected Iran’s counterproposal to end the war, raising Kalshi traders’ expectations for a surge in gasoline prices.
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