Business
Gas Prices Lag Despite Oil Price Drop
Oil prices are nearing prewar levels due to a U.S.-Iran agreement, but gasoline prices remain high. President Trump blames Big Oil for price gouging, while analysts suggest individual gas station owners are responsible.
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The Hill
Oil is nearing its prewar price after the U.S. and Iran agreed to a memorandum of understanding (MOU) intended to end the conflict, but gasoline prices remain significantly elevated. While President Trump has blamed Big Oil for price “gouging,” analysts say it’s individual gas station owners that a
2026-06-27 10:00 UTC