Gas Prices Coming Down 7/6/26

With a CNBC Your Money Minute, I'm Jessica Ettinger. On Thursday, July 2nd, the price of US crude oil hit its lowest since before the US launched missiles into Iran, back to its pre-war price. The peace pause and a few ships moving through the Strait of Hormuz in the Middle East helping to bring oil prices down.A few days earlier, President Trump demanded that US gas stations lower their gas prices to $2.50% a gallon. A nod to America to 50 perhaps, but GasBuddy's Patrick DeHaan tells CNBC's Kelly Evans tha ...