US fuel prices to take ‘months’ to normalise after US-Iran deal to end war
Article excerpt
A U.S.-Iran deal to end war has opened the door to increased oil production, but American consumers shouldn't expect cheaper gas anytime soon. Producers need months to ramp up output, while port bottlenecks and surging demand will keep fuel prices elevated across the country. Experts warn that even as global supply increases, logistics constraints and market dynamics will delay any meaningful price relief at the pump.