Average US gas prices drop below $4
Economy experts, however, don't expect prices to reach pre-war levels before the summer is over.

Trump has insisted the deal ensures that Iran will never buy, develop or produce a nuclear weapon. But text of the agreement falls short of that.
Economy experts, however, don't expect prices to reach pre-war levels before the summer is over.
Vice President JD Vance argued that the White House can lift oil sanctions against Iran without the approval of Congress, as Republicans express concern over the economic relief listed in a newly signed peace deal. “We actually have an opinion from OLC that we feel quite confident about that,” Vance said in a Thursday press […]
Senate Armed Services Chair Roger Wicker says Iran deal negotiates away U.S. victories, warning the $300 billion fund dwarfs Obama's 2015 agreement.
Senate Armed Services Committee Chairman Roger Wicker (R-Miss.) blasted the US-Iran memorandum of understanding Thursday, saying it "negotiates away the victories of Operation Epic Fury in ways that are completely out of step with the President’s goals."
You can always tell when the White House knows it has a problem, when its allies are turning against it, and it has an awkward proposition to sell: It sends out the vice president. “All right. Good morning, everybody. Nothing to talk about,” a beaming JD Vance said as he hopped onto the podium of […]
The United States and Iran have officially signed a memorandum of understanding aimed at ending the war in Iran. The 14-point agreement includes an immediate end to fighting on all fronts including Lebanon, an end to the U.S. naval blockade on Iran and the full resumption of maritime traffic through the Strait of Hormuz. It also proposes easing oil sanctions on Iran, unfreezing Iranian assets and launching a $300 billion investment fund to rebuild Iran, all while tabling the question of Iran’s nuclear program, which is instead set to be negotiated over in the coming months. “The United States is more eager for this war to end than Iran is,” says professor Vali Nasr, who teaches at the Johns Hopkins School of Advanced International Studies. “In Iran, they’re very triumphant.” We discuss the long-term effects of the war, from the growing U.S. distrust of Israel, to the new generation of political leaders in the Islamic Republic, to the evolution of Iran into a major power player in an increasingly multipolar world.
Vice President JD Vance eviscerated Israeli officials who have criticized President Trump over the US-Iran memorandum of understanding, blasting them for complaining about the document that requires them to stop striking Hezbollah in Lebanon.
Here is the text of the memorandum of understanding that was signed Wednesday by President Trump and Iranian President Masoud Pezeshkian, as well as Pakistan's prime minister.