Gas Prices Remain Elevated Despite US-Iran Peace Deal, Data Shows

Gas prices are dropping in N.J. What happens next depends on a single deal.

New Jersey drivers saw a drop in gas prices in the past week, but whether they continue to fall depends on President Trump and Iran signing a deal to end the war.

Despite deal to end the war in Iran, experts say economic impact will linger

Expect high prices at the pump through the end of summer.

Gas prices show slow decline amid peace deal

FARGO — With an interim peace deal between the United States and Iran, gas price analysts are feeling optimistic. But they warn not to get your hopes too high. Numbers have recently been dropping with the prospect of a peace deal between the United States and Iran. North Dakota's current statewide average is $3.83. A month ago, it was $4.17. Experts say it will take more time for gas prices to lower. They also warn gas prices rise faster than t…

Gas prices remain elevated despite US-Iran peace deal, data shows

While drivers are seeing some relief at the pump, the U.S. Energy Information Administration says gas prices are likely to remain elevated despite a recently announced peace agreement between the U.S. and Iran.The deal is expected to reopen the Strait of Hormuz, known as one of the world’s most critical oil shipping routes. However, energy analysts say the impact of previous supply disruptions could continue affecting fuel prices for months.Acco…

How the U.S.-Iran peace deal will impact Canadians at the pumps

Despite a potential peace deal between the U.S. and Iran, some analysts believe consumers need to prepare themselves for higher gas prices for the foreseeable future.