What Do We Know About U.S. Gas Prices?
According to AAA’s tracker, the national average gas price fell to $3.99 per gallon on Thursday, dropping below the $4 mark for the first time in more than two and a half months. Prices at the pump soared past the $4 mark for the first time at the end of March and topped $4.50 per gallon last month, driving up inflation. Despite the decline, the average price remains more than $1 above pre-war levels.
Read more Iran’s President Signs Interim Peace Deal After Trump—Key Details Of Agreement Shared
How Have The Global Oil Prices Reacted To The Deal?
The global benchmark Brent Crude Futures fell to $77.8 per barrel on Thursday, down from around $94 at the start of this month. The price still remains slightly elevated above the pre-war level of around $70 per barrel.
further reading
Trump And Iranian President Sign Interim Peace Deal—Key Details Of Agreement Shared (Forbes)
Read more Over 5,000 Flights Delayed As Severe Weather Wallops Parts Of U.S.—These Airports Are Most Impacted
‘The Worst Foreign Policy Blunder In Decades’: Trump’s Iran Deal Blasted By All Sides (Forbes)
Read more Iran Buys 20 Russian Helicopters After U.S. Peace Deal