Geopolitical tensions surrounding the Iran conflict and disruptions in the Strait of Hormuz have served as the primary catalyst elevating U.S. retail gasoline prices throughout May 2026, with national averages climbing above $4.50 per gallon amid tight global crude inventories and strong seasonal demand ahead of the summer driving period. Persistent supply concerns, including lower distillate stocks and reduced refinery throughput, have reinforced upward pressure on pump prices despite some moderation in crude benchmarks. The EIA’s May Short-Term Energy Outlook highlighted resilient production alongside inventory builds that could temper volatility, while traders monitor weekly storage data and any de-escalation signals for potential relief. Market-implied odds reflect skin-in-the-game consensus on these macro and geopolitical dynamics rather than certainties.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$206,438 Vol.
↑ $5.00
No
↑ $4.70
No
↑ $4.60
No
↑ $4.50
Yes
↑ $4.45
Yes
↑ $4.40
Yes
↑ $4.35
Yes
↓ $4.25
No
↓ $4.20
No
↓ $4.10
No
↓ $4.00
No
↓ $3.75
No
↓ $3.50
No
$206,438 Vol.
↑ $5.00
No
↑ $4.70
No
↑ $4.60
No
↑ $4.50
Yes
↑ $4.45
Yes
↑ $4.40
Yes
↑ $4.35
Yes
↓ $4.25
No
↓ $4.20
No
↓ $4.10
No
↓ $4.00
No
↓ $3.75
No
↓ $3.50
No
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: Apr 30, 2026, 2:26 PM ET
Resolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
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...Outcome proposed: No
No dispute
Final outcome: No
Geopolitical tensions surrounding the Iran conflict and disruptions in the Strait of Hormuz have served as the primary catalyst elevating U.S. retail gasoline prices throughout May 2026, with national averages climbing above $4.50 per gallon amid tight global crude inventories and strong seasonal demand ahead of the summer driving period. Persistent supply concerns, including lower distillate stocks and reduced refinery throughput, have reinforced upward pressure on pump prices despite some moderation in crude benchmarks. The EIA’s May Short-Term Energy Outlook highlighted resilient production alongside inventory builds that could temper volatility, while traders monitor weekly storage data and any de-escalation signals for potential relief. Market-implied odds reflect skin-in-the-game consensus on these macro and geopolitical dynamics rather than certainties.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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