Crude Oil Prices Fall Amid Easing Tensions Between US and Iran
The national average for regular gasoline rose eight cents to $4.10 per gallon this week, while the Oregon average gained seven cents to $4.64 per gallon.
According to AAA, a drop in crude oil prices due to easing hostilities between the U.S. and Iran is helping to stall further increases in gas and diesel prices.
Crude oil prices dropped this week after a pause in hostilities, but markets remain concerned about global oil supplies due to disruptions in the Strait of Hormuz.