National gas prices slip below $4 a gallon for first time in months

US average gas price drops below $4 a gallon for first time in nearly three months

AxiosThe national average gasoline price dipped just below $4 per gallon for the first time in roughly three months, falling 56 cents in a single month to reach $3.97. The drop follows the Iran ceasefire deal and easing oil market tensions. Diesel remains above $5 per gallon, and prices still vary widely by state — California sits at $5.64 while Indiana is the cheapest at $3.39. Consumer sentiment improved for the first time in five months alongside the pump price relief.