Gas Drops, Iran Deal, Oil Still Stuck

Gas prices just dropped below $4 a gallon for the first time since March, but regional swings still mean California’s at $5.64 while South Carolina’s at $3.58. Meanwhile, Trump’s Iran deal eases sanctions and demands uranium dilution, kicking off a 60-day clock for a final nuclear agreement — Iran gets immediate perks, the U.S. less so. U.S. crude prices fell 14% this month, but oil won’t flow freely through the Strait of Hormuz anytime soon: ships are stuck, producers are ramping up slowly, and captains remain cautious. Plus, refineries lock in prices months ahead, so cheaper gas won’t hit pumps fast. Supply chains for fertilizer and food are still disrupted — expect higher costs to linger. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/49c79f7a7b03b029