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CBS News

Gas prices dip below $4 a gallon on average for first time in months after Iran deal progress

By Home - CBSNews.com
June 18, 2026 1 Min Read
Comments Off on Gas prices dip below $4 a gallon on average for first time in months after Iran deal progress
Gas prices have dropped in reaction to President Trump signing a memorandum of understanding with Iran -- but they're still a dollar higher than they were before the war, according to AAA data. CBS News business analyst Jill Schlesinger explains how markets are reacting to global relations.
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