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Oil prices are low. Why not gasoline?

Politics The Hill By Rachel Frazin 26 Jun 2026 23:14 1 min read
Oil prices are low. Why not gasoline?

{beacon} Energy & Environment Energy & Environment   The Big Story Why are gas prices still so high? Oil is nearing its pre-war price after the U.S. and Iran agreed to a memorandum of understanding (MOU) intended to end the conflict, but gasoline remains significantly elevated. © Nam Y. Huh/AP While President Trump has blamed...

{beacon} Energy & Environment Energy & Environment   The Big Story Why are gas prices still so high? Oil is nearing its pre-war price after the U.S. and Iran agreed to a memorandum of understanding (MOU) intended to end the conflict, but gasoline remains significantly elevated. © Nam Y. Huh/AP While President Trump has blamed...

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