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Crude oil prices fall over Iran deal optimism as gas prices continue to rise

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May 6, 2026

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YouTube Description

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Optimism over a possible deal to end the war with Iran, reported by Axios, sent crude oil futures falling as gas prices continue to rise across the U.S., reaching an average of $4.54 per gallon. NBC News’ Brian Cheung reports on why gas prices are still expected to stay high if talks for a deal remain positive.

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