Scoopfeeds — Intelligent news, curated.
business

Gas prices fall below $4 per gallon as oil supply fears ease after Iran deal

CNBC · Jun 18, 2026, 12:54 PM · Also reported by 4 other sources

Key takeaways

  • Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
  • Gasoline prices fell below $4 per gallon Thursday, as oil exports through the Strait of Hormuz are expected to increase after President Donald Trump signed a deal to end the war with Iran.
  • Drivers in the U.S. paid $3.99 on average, the first time prices have fallen below $4 since March 30, according to data shared by AAA.

Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu

Gasoline prices fell below $4 per gallon Thursday, as oil exports through the Strait of Hormuz are expected to increase after President Donald Trump signed a deal to end the war with Iran.

Drivers in the U.S. paid $3.99 on average, the first time prices have fallen below $4 since March 30, according to data shared by AAA.

Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop