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US petrol prices ease despite ongoing uncertainties with Iran

Al Jazeera · Jun 29, 2026, 4:01 PM · Also reported by 2 other sources

Key takeaways

  • US-Iran peace talks ease market volatility but uncertainty keeps oil prices hovering, complicating recovery efforts
  • “GAS PRICES ARE COMING DOWN.” Trump wrote on Monday on his social media platform, Truth Social.
  • The average price of a gallon (3.78 litres) of petrol has fallen to $3.86, according to the American Automobile Association (AAA), which tracks daily fuel prices.

Why this matters: an international story with cross-border implications worth tracking.

US-Iran peace talks ease market volatility but uncertainty keeps oil prices hovering, complicating recovery efforts

xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Petrol prices hit $3.86 per gallon (3.78 litres) on average on Monday [File: Mike Blake/ Reuters]Published On 29 Jun 202629 Jun 2026United States President Donald Trump is touting relief at the pump as US gas prices begin to fall ahead of potential peace talks despite ongoing clashes in the Strait of Hormuz.

“GAS PRICES ARE COMING DOWN.” Trump wrote on Monday on his social media platform, Truth Social.

Article preview — originally published by Al Jazeera. Full story at the source.
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