Gas Prices Drop Below $4 per Gallon After Trump Signs Iran Deal

Following President Trump's signing of an agreement with Iran that would reopen the Strait of Hormuz, gas prices fell below $4 per gallon. The national average dropped to $3.99 from $4.51 a month ago, offering some relief for consumers amid rising energy costs.

By Ivana Pino · Senior Writer M Michelle Coffey · Senior Editor, Personal Finance Updated Thu, June 18, 2026 at 9:51 PM GMT+3 4 min read · Yahoo Finance · June 18, 2026, 18:51 UTC

Topics: gas_prices iran_deal oil_markets

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