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🇺🇸🇮🇷 Oil prices just dropped. When will gas prices fall?
Not anytime soon.
Oil fell from ~$110 to under $100 after Trump paused strikes on Iran’s energy infrastructure for 5 days to push negotiations, easing market fears.
But gas is still high.
Why?
There’s a built-in delay. Crude still has to be refined, transported, and delivered, which takes weeks.
And more importantly: nothing is actually resolved.
The Strait of Hormuz is still unstable, and the pause only targets energy sites, not the war itself.
Source: CNN YT
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