Episode Details

Gas prices just dropped below $4 a gallon for the first time in over three months, thanks to a major geopolitical shift: the U.S. and Iran signed the Islamabad Memorandum of Understanding, reopening the Strait of Hormuz and easing sanctions. While Southern states saw the biggest drops—some hitting nearly $3.50—Western states still pay above $4. Economists warn it’ll take time for lower oil prices to ripple through to groceries, airfare, and your pump.

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