SignificantEconomythehill·The Hill

Average gas price falls below $4 for first time in months

The average price of a gallon of regular gasoline in the U.S. fell below $4 for the first time in months. This decrease followed the U.S. and Iran signing a memorandum of understanding to reopen the Strait of Hormuz.

Impact Score

5/10

Thursday, June 18, 2026 at 09:48 AM EDT

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