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US Gasoline Prices Fall Below $4 a Gallon as Iran Strain Eases

US Gasoline Prices Fall Below $4 a Gallon as Iran Strain Eases
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US Gasoline Prices Fall Below $4 a Gallon as Iran Strain Eases US gasoline prices dipped below $4 a gallon for the first time since March, providing welcome relief to consumers after a historic global supply disruption sent fuel costs soaring for months. National regular unleaded gasoline averaged $3.999 on Thursday, according to the American Automobile Association.

US Gasoline Prices Fall Below $4 a Gallon as Iran Strain Eases US gasoline prices dipped below $4 a gallon for the first time since March, providing welcome relief to consumers after a historic global supply disruption sent fuel costs soaring for months. National regular unleaded gasoline averaged $3.999 on Thursday, according to the American Automobile Association. The swing down in prices comes as the US and Iran signed an interim deal to end the war and reopen the Strait of Hormuz. [Image text:] Chevron TECHRON ATM
US (LOCATION) Iran (LOCATION) the American Automobile Association (ORG) the Strait of Hormuz (LOCATION)
Originally published by Bloomberg Markets Read original →