Gas Prices Fall Below $4 a Gallon as Trump’s Iran Deal Reshapes the Energy Picture
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3 Articles
The de-escalation in international oil prices after the US-Iran agreement is gradually spreading to the Greek fuel market - Where are the lowest prices recorded in our country?
Gas prices fall below $4 a gallon as Trump’s Iran deal reshapes the energy picture
The national average price for a gallon of regular gasoline slipped below $4.00 on Thursday for the first time since late March, a milestone driven largely by the diplomatic agreement between the United States and Iran that has reopened one of the world’s most critical oil shipping lanes. AAA pegged the nationwide average at $3.999...
Goldman Sachs has hit the energy market table. The investment bank has cut its oil price forecasts following the agreement to reopen the Strait of Ormuz, the artery through which one fifth of the world’s crude oil passes. In its latest report, the entity points out that the Brent reference barrel could fall to $60 in the medium term, a level that was not seen before the outbreak of the conflict in the region. The Ormuz agreement and Goldman Sach…
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