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U.S. Gasoline Prices Drop Below $4 Per Gallon to $3.999 as Iran Tensions Ease

2026-06-18 10:11:23

GAS-2.44%

According to the American Automobile Association (AAA), U.S. regular unleaded gasoline prices fell below $4 per gallon on Thursday (June 18) for the first time since March, reaching an average of $3.999. The decline follows a temporary agreement between the United States and Iran aimed at ending the conflict and reopening the Strait of Hormuz. Global crude oil prices have declined from their May peak of over $4.50 per gallon, driven by the easing geopolitical tensions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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