Gas Prices Expected to Decline for Remainder of 2026
Gasoline prices are projected to continue falling through the rest of 2026 as oil prices decline following the reopening of the Strait of Hormuz. The peace deal between the U.S. and Iran is seen as a key factor in stabilizing supply, with gas averaging $3.92 per gallon on June 25 but expected to drop below $4 by early 2027.
Topics: Gas Prices Inflation Impact Iran War Strait of Hormuz