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Strait of Hormuz deal expected to bring some relief at the pump, but prewar gas prices could be elusive

Politics The Hill By Rachel Frazin 16 Jun 2026 10:00 1 min read
Strait of Hormuz deal expected to bring some relief at the pump, but prewar gas prices could be elusive

The tentative U.S.-Iran peace deal is expected to bring some relief for Americans’ at the pump, but even if it holds, prewar gasoline prices could be elusive. The agreement is expected to increase traffic through the Strait of Hormuz, a key oil shipping lane off Iran’s coast that has been choked off during the conflict. Before the...

The tentative U.S.-Iran peace deal is expected to bring some relief for Americans’ at the pump, but even if it holds, prewar gasoline prices could be elusive. The agreement is expected to increase traffic through the Strait of Hormuz, a key oil shipping lane off Iran’s coast that has been choked off during the conflict. Before the...

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