Oil prices have fallen to levels not seen since the start of the US-Israel war on Iran amid rising hopes for a breakthrough in negotiations aimed at sealing a permanent peace deal.
Gasoline prices have fallen precipitously since the U.S. and Iran began their fragile truce, defying expert predictions of a long summer slog with sky-high prices.
Oil prices were slightly lower on Wednesday, after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
“ARC-ES, introduced in Congress last year by @RepBalderson “would require relevant federal agencies … to review any actions relating to affordable, reliable, or clean energy within 90 days and submit a report to Congress, according to Balderson’s office.”