Source: Axios
“The U.S. national average gas price has dropped back below $4 a gallon, per AAA, a sign of Americans’ pain at the pump easing after months of war in Iran. Iran’s squeeze on oil traffic through the Strait of Hormuz battered the global economy. But crude prices in June fell to their lowest levels in over three months on news of an extended ceasefire agreement between the U.S. and Iran. … The national average is now $3.9990 a gallon, per AAA. A year ago, the average was $3.1880.” (06/18/26)