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Gas prices sink as oil set for 20% drop — largest one-month decline since 2020

did:plc:xmmd5bkhgutjvdsqe2ruf5k3 May 29, 2026
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Prices at gas pumps are starting to sink and oil is on track to drop 20% in May as investors remain optimistic that a ceasefire deal to end the Iran war is near.

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