Gas prices are still 30% higher compared to what drivers paid before the U.S. and Israel attacked Iran on Feb. 28.

US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin also rallies toward $74K.

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

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