### [2026-06-18](/feed/2026/06/18/index.md)

##### Economic impact of the 2026 Iran war
# The American Automobile Association reports that gas prices in the United States are at $3.999, making it the first time gas prices have went below $4 since March 30 after rising amidst the Iran war. 




### Sources:

1. [CBS News](https://www.cbsnews.com/news/gas-prices-below-4-gallon-iran-strait-of-hormuz/)
2. [PBS](https://www.pbs.org/newshour/economy/u-s-gas-prices-just-fell-below-4-for-1st-time-since-march-theyre-still-25-higher-than-last-year)

### Related:

1. [Pakistani prime minister Shehbaz Sharif postpones his visit to Switzerland after the memorandum of understanding (MOU) between Iran and the United States was signed remotely. ](/feed/2026/06/18/pakistani-prime-minister-shehbaz-sharif-postpones-his-visit-to-switzerland-after-the-memorandum-of-understanding-mou-b.md) _Context: Iran, United States_
2. [Iranian deputy foreign minister Kazem Gharibabadi confirms that a deal between Iran and the United States has been reached to end the war and that the U.S. blockade will end beginning tonight. ](/feed/2026/06/15/iranian-deputy-foreign-minister-kazem-gharibabadi-confirms-that-a-deal-between-iran-and-the-united-states-has-been-reach.md) _Context: Iran, United States_
3. [Lebanese president Joseph Aoun and prime minister Nawaf Salam criticize Iran for the rejection of the ceasefire deal with Israel, stating that Lebanon should not be used as a bargaining chip in negotiations between the United States and Iran. ](/feed/2026/06/5/lebanese-president-joseph-aoun-and-prime-minister-nawaf-salam-criticize-iran-for-the-rejection-of-the-ceasefire-deal-wit.md) _Context: Iran, United States_
4. [Oil prices increase by nearly 8% on the announcement of the peace talks ending, with West Texas Intermediate rising to US$94.20 per barrel and Brent Crude to US$97.23 per barrel. ](/feed/2026/06/1/oil-prices-increase-by-nearly-8-on-the-announcement-of-the-peace-talks-ending-with-west-texas-intermediate-rising-to-u.md) _Context: $, Economic impact of the 2026 Iran war_
5. [United States ambassador to Israel Mike Huckabee says that Israel has deployed Iron Dome air defense systems and military personnel to the United Arab Emirates amid the Iranian strikes. ](/feed/2026/05/12/united-states-ambassador-to-israel-mike-huckabee-says-that-israel-has-deployed-iron-dome-air-defense-systems-and-militar.md) _Context: Iran, United States_
6. [The American Automobile Association reports that the United States national average gas price has reached $4.02 a gallon, the highest since 2022 following Russia's invasion of Ukraine. ](/feed/2026/03/31/the-american-automobile-association-reports-that-the-united-states-national-average-gas-price-has-reached-402-a-gallon.md) _Context: $, American Automobile Association, Economic impact of the 2026 Iran war_
7. ["The New York Times" reports that the United States has sent Iran a 15-point plan to end the war. ](/feed/2026/03/24/the-new-york-times-reports-that-the-united-states-has-sent-iran-a-15-point-plan-to-end-the-war.md) _Context: Iran, United States, war_
8. [The Dow Jones Industrial Average and S&P 500 rises after United States president Donald Trump says that the war in Iran is “very complete”, hinting that it could end soon. Additionally, oil prices have dipped under $100 following his remarks. ](/feed/2026/03/9/the-dow-jones-industrial-average-and-s-p-500-rises-after-united-states-president-donald-trump-says-that-the-war-in-iran.md) _Context: Economic impact of the 2026 Iran war, Iran, United States_
9. [Iran and the United States, represented by foreign minister Abbas Araghchi and special envoy Steve Witkoff, hold their first round of indirect talks in Muscat, Oman, and agree to continue the negotiations. ](/feed/2025/04/12/iran-and-the-united-states-represented-by-foreign-minister-abbas-araghchi-and-special-envoy-steve-witkoff-hold-their-f.md) _Context: Iran, United States_