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The Independent UK
The Independent UK
Rhian Lubin

Hoping a possible peace deal will quickly bring down gas prices? It might take up to a year

Gas Prices Donald Trump Iran Rob Smith Oil White House

Even if a peace deal between Iran and the U.S. is reached imminently, it could still take as long as a year for pre-war gas prices to return, experts warned.

President Donald Trump’s war in Iran, now in its ninth week, has seen average gas prices rocket from $3 before the conflict to $4.54 per gallon, according to AAA data.

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