U.S. Gas Prices Drop Below $4 a Gallon After Deal To Reopen Strait Of Hormuz

U.S. gas prices have dropped below $4 a gallon as oil prices continue to drop following the agreement between the U.S. and Iran to end the war. (Credit: Getty Images)

U.S. gas prices have dropped below $4 a gallon as oil prices continue to drop following the agreement between the U.S. and Iran to end the war.

The national average is now $3.9990 a gallon, according to AAA. Axios noted that, however, the national average was $3.1880 a year ago. Diesel prices are still over $5 a gallon.