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Gas Prices Easing, But Peace Not Guaranteed

Gas Prices Easing, But Peace Not Guaranteed

Published 1 month, 1 week ago
Description

Gas prices across the U.S. are slightly easing, with the national average now at $4.04 per gallon, down from $4.08 last week. However, peace in the Middle East is fragile, with the U.S.-Iran truce ending and Iran skipping talks. California and Hawaii are hit hardest, with prices over $5 per gallon, while Oklahoma is at $3.38. Treasury Secretary Scott Bessent predicts $3 per gallon this summer if the Strait of Hormuz remains open. Keep an eye on pumps, as prices could fluctuate quickly.

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