Gas prices fall below $4 as US-Iran deal reopens the Strait of Hormuz. Crude oil reaching a new all-time high by September 30 at 8.5% YES.

Crude oil prices fell after the US-Iran peace deal. The Strait of Hormuz may reopen, but experts say oil supply challenges could continue.

The price of U.S. crude oil fell to its lowest point since early March, but it’s still up 40% since the start of the year.

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopening the Strait of Hormuz. This deal would…