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01 March
Here’s where traders expect crude-oil prices to open after this weekend’s attack on Iran
A crude oil tanker waits to be loaded at Lake Maracaibo in Venezuela.
Traders on Kalshi expect a big jump in crude-oil prices. Photo: Federico Parra/Agence France-Presse/Getty Images

Crude-oil markets won’t officially open for a few more hours, but traders are already using prediction markets like Kalshi to take bets on where prices will settle on Monday.

Contracts that would pay out if the front-month contract on West Texas Intermediate crude oil settles above $73 a barrel on Monday were recently trading above 90 cents on Kalshi, implying a high likelihood that they would pay out.