Gas Prices Drop Thanks to Iran Deal

Gas prices in the U.S. just hit a new low—under $4 for the first time since March—thanks to a 15% drop in crude oil prices tied to a new Iran deal. The agreement sees Iran dilute its uranium stockpile in exchange for eased U.S. sanctions, but the benefits aren’t evenly spread: California still pays over $5, while South Carolina is near $3.60. Though the pact aims for lasting peace and kicks off 60 days of further talks, critics question if Iran’s gains outweigh America’s. Oil won’t flow freely through the Strait of Hormuz anytime soon—refineries buy ahead, and restarting full production takes weeks or months. The ripple effects? Supply chains for fertilizer and food are also strained, and businesses warn higher costs may linger, forcing consumers to prepare for a prolonged climb. 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/c8197b9932226925