AI & Machine Learning

Don't get too excited. Trump's ceasefire won't bring down the cost of a tank of gas - yet

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US-Iran tensions easing has caused crude oil and wholesale gasoline futures to drop significantly, but consumers won't see immediate relief at the pump. The delay is due to the time required for refining and distributing fuel, compounded by ongoing disruptions in global energy supply chains and damaged infrastructure. This means higher gas prices could persist for months despite recent price drops in futures markets.

Read the full article at Business Insider

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