U.S. Gasoline Price Falls Below $4 per Gallon for First Time Since Mid-April

GAS2.00%
According to Guru Club, U.S. gasoline retail price fell below $4 per gallon on June 16, marking the first time since mid-April. The decline was driven by U.S.-Iran accord signed on Monday, which prompted a sharp drop in crude oil prices, with a decline exceeding $4 per barrel. The market views the $4 threshold as a key psychological level for fuel prices.
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