U.S. gas prices are likely to keep falling despite the Israel-Hamas war, analysts say

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U.S. gas prices are likely to keep falling despite the Israel-Hamas war, analysts say

. The conflict in the Middle East has not caused a disruption in the global oil supply or prices, and therefore, it’s unlikely that it will affect the price of gas in the US. Furthermore, the price of crude oil is determined by the global market, and current market conditions are such that crude prices have been trending lower recently. This bodes well for US gas prices, which are usually derived from the market crude oil prices.