Gas prices may stay high despite US-Iran deal as structural headwinds persist

Gas prices may remain elevated despite a preliminary US-Iran deal due to persistent structural headwinds in energy markets. These issues, including damaged infrastructure and risky transport, could prevent an immediate price drop at the pump. Such sustained costs may continue to impact inflation and overall economic stability. Consequently, the geopolitical optimism surrounding the agreement might not translate into lower fuel costs for consumers as long as these underlying market challenges persist.