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The average price of a gallon of gas has dropped for the third straight week, falling under $4 for the first time in months after the war inflated energy costs.
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Average U.S. Gasoline Price Falls Below $4 for First Time in Months The New York TimesAverage US gas price drops below $4 - barely CNNGas dips below $4 a gallon after months of pump pain AxiosGas prices fall below $4 per gallon as oil supply fears ease after Iran deal CNBCUS gas prices dip below $4 for the first time since March AP News
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Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately.
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Apple CEO says price hikes are ‘unavoidable' as rising chip costs squeeze tech giant: report Fox BusinessApple boss Tim Cook says prices to rise due to memory chip costs BBCTim Cook says iPhone price increase is 'unavoidable' MashableApple to raise prices due to memory chip shortage, CEO tells WSJ Yahoo Finance
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Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
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 Canada's main stock index futures inched
up on Thursday as oil prices rose, while fears of a second wave
of coronavirus cases in major economies held back a sharper
rise.
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