Thursday, June 18, 2026
World News

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

PUBLISHED·4h ago·3 min read

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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