U.S. gas prices are just barely below an average of $4 a gallon nationwide on Thursday, shortly after President Donald Trump signed an agreement with Iran that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.

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

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

Americans have collectively spent about $46 billion more on gasoline since the start of the war