Gas Prices Could Drop Below $4 Amid U.S.-Iran Deal Confirmation

A tentative deal to end the Iran war may lead to a drop in U.S. gasoline prices, potentially falling below $4 per gallon soon. The national average price for gasoline was reported at $4.06 by AAA, down from $4.52 a month ago and $3.13 a year ago. President Trump confirmed the deal via social media, and the White House plans to sign it Friday. The cost of oil, which contributes over half of gasoline prices, has seen declines, though the pace of any further price decreases remains uncertain.