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Last Updated:March 20, 2026, 23:24 IST
US pump prices have surged more than 30% this month, pushing the national average to $3.88 a gallon on Thursday.
Gas and diesel prices are displayed at a Pilot Travel Center on March 17, 2026 in Pyote, Texas. (Getty Images via AFP)
The probability of a US recession by the end of 2026 has surged to 36%, according to the prediction platform Polymarket, which tracks real-world events through crowd-sourced betting markets.
This development comes as Americans also face rising gasoline prices, with the war in West Asia involving the US, Israel and Iran now entering its fourth week and showing no sign of stopping.
US pump prices have surged more than 30% this month, pushing the national average to $3.88 a gallon on Thursday, according to the American Automobile Association (AAA).
Location :
United States of America (USA)
First Published:
March 20, 2026, 23:24 IST
News world US Recession By Year End? Polymarket Sees 36% Odds As Gas Prices Surge Toward $4 A Gallon
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