Gas Prices, Memorial Day
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Prices at gas pumps are starting to sink and oil is on track to drop 20% in May — its largest one-month decline since 2020 — as investors remain optimistic that a deal to end the Iran war is near. As of Friday,
U.S. drivers are filling up less of their tanks during more frequent gas station visits, just one of the ways retailers and market data suggest consumers are adjusting to sharply higher gas prices in the wake of the war in Iran.