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Average US petrol price falls below $4 on plan to reopen Strait of Hormuz

As cost at the pump declines to nearly two-month low, analysts warn risk of a surge ‘has not completely disappeared’

1 report1 sourceJun 15, 2026, 7:30 PM
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Financial TimesJun 15, 2026, 7:30 PM

Average US petrol price falls below $4 on plan to reopen Strait of Hormuz

As cost at the pump declines to nearly two-month low, analysts warn risk of a surge ‘has not completely disappeared’

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