https://www.live-feeds.com/feed/average-us-petrol-price-falls-below-4-on-deal-to-reopen-strait-of-hormuzContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/average-us-petrol-price-falls-below-4-on-deal-to-reopen-strait-of-hormuzhttps://www.live-feeds.com/feed/average-us-petrol-price-falls-below-4-on-deal-to-reopen-strait-of-hormuz#u1634Tue, 16 Jun 2026 19:51:31 +0000The average US petrol price has fallen below $4 per gallon for the first time since mid-April, following a US-Iran agreement to reopen the Strait of Hormuz. Oil prices dropped to three-month lows after the deal was announced, though long-term stability remains uncertain. The decline follows three weeks of falling pump prices, with regional variations in relief. Experts caution that full market adjustments may take months.What's confirmed:The average US petrol price has fallen below $4 per gallon for the first time since mid-April.Oil prices dropped about 4% to three-month lows after the US and https://www.live-feeds.com/feed/average-us-petrol-price-falls-below-4-on-deal-to-reopen-strait-of-hormuzhttps://www.live-feeds.com/feed/average-us-petrol-price-falls-below-4-on-deal-to-reopen-strait-of-hormuz#u1119Tue, 16 Jun 2026 11:26:48 +0000The average US petrol price has fallen below $4 per gallon for the first time since mid-April, driven by optimism over a US-Iran agreement to reopen the Strait of Hormuz. Oil prices hit three-month lows after the deal was announced, though experts warn prices may take months to stabilize. The drop follows three straight weeks of declining pump prices, with some regions seeing sharper declines. Uncertainty remains over how long relief will last.What's confirmed:The average US petrol price has fallen below $4 per gallon for the first time since mid-April, according to multiple sources.Oil prices