Patrick De Haan, a petroleum analyst at GasBuddy, wrote on X that the national average price of gasoline has finally slipped below the politically sensitive $4-a-gallon level for the first time in many months.

The average price of a gallon of gas has fallen nearly 9% over the past month.

As of Monday morning, the average price of a gallon of gas in the US was $4.06, down from over $4.50 at the peak of the US-Iran war.

"Average gasoline prices fell in 47 states over the last week, with the national average dropping..."

US gas prices fell below $4 per gallon as the Strait of Hormuz reopened under a US-Iran peace deal. Brent crude dropped 11%, and Bitcoin rallied on the

Patrick De Haan, a petroleum analyst at GasBuddy, wrote on X that the national average price of gasoline has finally slipped below the politically sensitive $4-a-gallon level for…

Crude oil prices also fell more than $4 a barrel on Monday after President Trump announced an Iran deal.