@time: The closure of the Strait of Hormuz during the U.S.-Iran conflict sent oil prices soaring, and American drivers felt it at the pump. Since the U.S. and Iran signed a 14-point memorandum of understanding last week, oil prices have fallen as shipping through the strait gradually resumed. But prices still remain above pre-conflict levels. Here’s why experts say it could take time before Americans see real relief at the pump, in 60 seconds. #GasPrices #Iran #US #News #ConsumerPrices

2026-06-25 18:01:36

2026-06-25 18:02:51

2026-06-25 18:04:14

2026-06-25 18:28:22

2026-06-25 20:59:17

2026-06-25 20:54:09

2026-06-25 17:55:53

2026-07-01 03:24:39

2026-06-25 18:34:00

2026-06-27 23:19:10

2026-06-26 18:59:48

2026-06-25 18:02:49

2026-06-28 21:15:24

To see more videos from user @time, please go to the Tikwm homepage.

Time Magazine

Open In TikTok:

Region: US

Thursday 25 June 2026 16:00:38 GMT

Music

Download

Comments

￴ ￴ ￴ ￴ ￴ ￴￴ ￴ ￴ ￴ ￴ ￴ ￴￴ ￴ ￴ :

they dropped a little over here about 50 cents a gallon

૮ ․ ․ ྀིა :

$7/gal for premium💔

𝓰𝓱𝓸𝓼𝓽 :

In Fortnite it’s 1.67

kenzie 🎀 :

its 3.20 where i live, im so glad it went down from 4😭

Seth :

Dude Kroger went right up to 3.99 the others just went up 10 cents

Zakaryha :

I went Indiana it’s only 2.99

krispykreme1195 :

Prices do not come down once they’re up. We know this.

daved :

its litterally going up its 4.30 a gallon in my town!!!!! 2 years ago it was 2.50!!!

asssling :

only dropped like 7 cents

Shay :

It’s 4.60 in Covington ky

sowilo :

Ours came down then went up.20.cents over night

KJ :

Premium started falling under $4 again at some gas stations in Louisiana. Hope it keeps dropping cause I can’t keep doing $95 tanks of gas 🤣🤣

The_Valadez :

It’s like 2.99 in Dallas

Other Videos

About

Legal