Gas drops below $4 a gallon after Trump signs Iran peace deal (opens original article in a new tab)

Gas prices dropped below $4 a gallon following Trump's Iran peace deal, but remain elevated with potential for further decline in winter.

• Gas prices fell below $4 a gallon after Trump signed a peace deal with Iran
• Prices may not drop below $3 until 2027 due to low inventory
• The Strait of Hormuz opening could ease energy crisis