about 1 hour ago
Gas prices in the US have surged due to global oil disruptions amid the Iran war, and remain elevated despite declining for three straight weeks.
By Auzinea Bacon, David Goldman, CNN
Oil prices dropped on Sunday after President Donald Trump said an agreement with Iran had been reached and the United States would end its naval blockade on the country.
Brent crude prices on Sunday fell 3.9% to about $84 a barrel, and US crude dropped 4.8% to about $81 a barrel. If oil settles at that level, it will be the lowest price for crude since March 4, just a few days into the war.
